Tag Archives: Inflation

Producer Prices Unexpectedly Climb in June

Producer prices unexpectedly rose in June despite big drops in energy prices, a sign that some inflation pressures could keep the Federal Reserve on guard. The Labor Department said on Friday its seasonally adjusted producer price index rose 0.1 percent … Continue reading

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Food Price Spike Dead Ahead: US Cuts Corn Crop Forecast By 12% As 56% Of America Is Under Drought Conditions

Who knew the next black swan would be deep fried? The biggest piece of  food inflation news over the past months, coupled with what is shaping up to be another record hot summer (for the best tracking of real-time electricity … Continue reading

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What Happens When the Rules Stop Changing?

See additional comments on Tea Party Nation. Are people warning about the upcoming economic collapse economic prophets? People’s warnings have been marginalized about the economy for a simple reason: it has not happened. If the predictions based on their projections … Continue reading

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The Consequences of Debt: Americans’ Wealth Plummets 40% in Three Years

What will likely become a major campaign issue is the state of Americans’ wealth. Based on the following report from the Federal Reserve, the average American family’s wealth has decreased 40% from 2007 to 2010. The actual drop if you … Continue reading

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Expect a US Price Shock as Black Swans Come Home to Roost

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Redistribution Takes Many Forms

In the past, you could at least accrue interest on your savings. If the annual interest accrued on your savings was 5%, you still would be losing money since you pay taxes on the interest. The current interest on a … Continue reading

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