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Tag Archives: consumer price index
The Paradox of Fed Credit
Last Tuesday the Bureau of Labor Statistics reported the Consumer Price Index increased 0.4 percent in May and 2.1 percent over the last 12 months. That means if you didn’t get a 2 percent raise this year you’re doing worse … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, debt, federal reserve, food prices, janet yellen
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Things Are Getting Better and Other Popular Lies
The President says things are getting better. The economy’s improving. There will be prosperity for all in our time. But if you live outside the Washington beltway, and earn your living through honest means, you know this is essentially a … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, consumer price index, currency, dollar, federal reserve, government meddling, john maynard keynes
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Mrs. Knott’s Chicken Dinner Restaurant Inflation Instruction
Sometime in the 1920s Walter Knott, an unsuccessful farmer, nursed several dying berry vines back to life at his Buena Park, California, farm. Little did he know, his fortunes were about to change. These unique vines were created by Rudolph … Continue reading
Your Summer Tax Increase
Oil prices are holding above $106 per barrel. What gives? Wasn’t all the oil fracking supposed to increase production and decrease price? So far, part of this equation has come to be. In fact, the Energy Information Administration’s weekly report, … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, dollar, gas prices, oil prices, taxes
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