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Sunday, August 1, 2021

Tuesday Evening Dispatch: Gov. Abbott Hits Back At Texas Dems Who Ran Away To...

Varun Hukeri General Assignment & Analysis Reporter July 13, 2021 6:12 PM ET

Friday Evening Dispatch: White House Brags About Saving Americans $0.16 As Gas Prices Break...

Varun Hukeri General Assignment & Analysis Reporter July 02, 2021 5:58 PM ET

Friday Evening Dispatch: GOP Thinks Critical Race Theory Will Define 2022 Midterms

Varun Hukeri General Assignment & Analysis Reporter June 25, 2021 5:53 PM ET

U.S. Budget Deficit Grew to Record $2.1 Trillion in Fiscal Year’s First Eight Months,...

The highest level of core inflation in nearly 30 years has been stoked by the record high budget deficit in the first eight months of the federal government’s fiscal year. The budget deficit grew to $2.1 trillion by the end of May, the Department of Treasury said Thursday. A year ago, the budget deficit stood…

NJ Gov. Murphy: Unemployment Benefits Might Be Contributing to Inflation, Labor Shortage, But I’m...

On Monday’s “CNN Newsroom,” New Jersey Gov. Phil Murphy (D) stated that enhanced unemployment benefits might be one cause of labor shortages, one way that the shortage is being resolved is by increasing wages, which Murphy conceded “may be a contributor right now to some amount of inflation.” Murphy said that while he won’t end…

Treasury Secretary Yellen Says Higher Interest Rates Would Be Good For The Country

Treasury Secretary Janet Yellen said President Joe Biden should push forward with his $4 trillion spending plans even if they generate inflation that forces the Fed to hike interest rates. “If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s…

Ron Paul: Fed Inflation Is Propping Up Big Government Spending

Via SchiffGold.com,Inflation came in hot in April. Initially gold sold off on the news. But over the following week, there appears to have been something of a pivot in the market. Gold and the dollar both started behaving as one would expect in an inflationary environment. Peter Schiff said it looks like investors are starting to worry the…

Inflation: 1970s, 1980s, And Today

Submitted by Nicholas Colas of DataTrek ResearchThe inflation of the 1970s/early 1980s is a big topic just now, but a deep dive into the historical CPI data shows the world was very different then. The CPI peak in 1974 felt awful because food/clothing was 33 pct of the index and prices were up 8-12 pct.…

Inflation… Or Deflation

Authored by Charles Hugh Smith via The Daily Reckoning,I see the same question in forums, threads, articles and emails: what can I do to protect myself and my family from whatever lies ahead?Given the uncertainties and extremes that are so evident, recognizing risk is a useful first step, a recognition that is very much out…

Ted Cruz Wallops Joe Biden for Bungling Gas and Border Crisis, Middle East War,...

Sen. Ted Cruz (R-TX) told reporters Wednesday that President Joe Biden’s “policies are failing across the board economically, domestically, and abroad.” “We’ve got a gas crisis playing out,” Cruz began. “We’ve got a war in the Middle East. We may have an inflation crisis coming, I agree.” “Biden policies are failing across the board economically,…

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