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Category Archives: Inflation
Hey, St. Louis Fed!… Go Tofurkey Yourself!
Here at the Economic Prism we believe individuals should be free to choose what they want in life, so long as they don’t commit aggression against another man’s person or property. By this, the St. Louis Fed’s free to eat fake turkey on Thanksgiving. We won’t stand in the way. Continue reading
Posted in Inflation, MN Gordon
Tagged fake turkey, freedom, st louis fed, thanksgiving, tofurkey
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Pre-2020 Prices are Gone Forever
Price inflation is completely out of hand. You know this. Your dog knows it too. Still, President Joe Biden wants you to believe he’s got it all under control. Last month, for example, White House Press Secretary Jen Psaki insisted inflation is decreasing. What a crock! Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, currency, dollar, federal reserve, jerome powell
63 Comments
Are You Prepared for the Mass Repricing of Goods and Services?
Rising consumer price inflation is not going away. This, of course, is counter to the “transitory” argument made by Federal Reserve Chairman Jerome Powell earlier this year. Continue reading
Posted in Inflation, MN Gordon
Tagged debt ceiling, dollar, jerome powell, levi strauss, raphael bostic
36 Comments
President Biden’s New Plan to Tackle Rising Food Prices
Government intervention discourages production, inflates prices, and, if pushed far enough, leads to empty shelves at the supermarket. After that, it leads to empty stomachs…and the social chaos that follows. Continue reading