All posts in " Inflation "

Why We Cannot Reach the Fed’s 2% Inflation Target

April 18, 2024

The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on the yearly. One must only look at their bills, items in the store, or open their eyes to see that the cost of living in […]

Imagine Waking from an 8-Year Coma – Reflections from the Last ECM Wave

April 16, 2024

The year 2015 was not long ago, and yet the entire world economy has changed. Central banks mismanaged monetary policy through arbitrarily low interest rates and continuous printing to appease the bigger issue—fiscal policy. Fiscal policies are all but nonexistent in most of the modern world, and government spending has become one of the largest […]

Collective Debt – We Must All Pay for Student Loans

April 15, 2024

Biden is destroying the financial future of generations with his reckless spending in an attempt to buy votes. Fed Chair Powell nearly admitted it in his interview with 60 Minutes in which he urged the government to show restraint when plunging the nation deeper into debt. Biden and the Democrats are cheering that he will […]

Strong Jobs Report Does Not Mean Strong Economy

April 9, 2024

One thing that analysts fail to explain is that Americans have begun working multiple jobs since the COVID pandemic that wrecked the global economy. Nonfarm payrolls increased 303,000 in March, but there are millions of Americans holding multiple jobs who can still not keep up with the cost of living even with wages up 4.1% […]

Argentina Continues Downsizing Government

April 8, 2024

President Javier Milei has done an excellent job of restoring Argentina by removing useless government agencies that produce nothing. Milei, who has called the government “a criminal organization,” recently laid off an additional 24,000 public sector workers. There were 341,477 people in the public sector on government payroll when Milei took office, and his aim […]

PRIVATE BLOG – Inflation – Interest Rates – War

April 5, 2024

PRIVATE BLOG – Inflation – Interest Rates – War Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

UK Residents Pay More for Housing than any OPEC Nation

March 26, 2024

Those in the UK are familiar with the challenges that accompany failed housing regulations, high demand, and low supply. A recent study by Resolution Foundation shows that those in the UK pay far more for housing than any nation in the OECD. Finland technically pays more, but not when factoring in the total amount the […]

Smart Cars Reporting to Govt – Insurance Rates up 26% YoY

March 18, 2024

Car insurance rates in the US have spiked by around 26% overall in the past year. The government has been pushing for everyone to go electric and trade, spending tens of thousands more for an electric vehicle, which always comes equipped with monitoring software. Even older cars with basic features like OnStar have tracking devices […]

Powell: March Rate Cut Unlikely

March 7, 2024

Those who follow this blog already knew that the Federal Reserve would not drop rates in the future due to unsustainable fiscal policies paired with America’s increasing involvement in foreign wars. All of the talking heads were preaching that rates would significantly decline to pandemic levels, as if that were the historical norm. Every fiscal […]

Scared of the National Debt? You Should Be.

March 7, 2024

A new billboard launched in New York City’s Times Square is sounding the alarm on America’s growing national debt crisis. “Scared of the national debt? You should be.” US national debt spiked past $34 trillion at the top of the year and continues to rise due to massive spending packages. Now that America is committed […]

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