Lawmakers should be required by law to pass a financial literacy test before taking office. California has repeatedly raised the minimum wage as the cost of living continues to rise. They have not lowered the amount of taxes that the state will collect from these workers. California has the highest debt of any state in […]
Fast food establishments originated as the cheap, quick alternative to a proper meal. Value customers earning under $45,000 annually were the target demographic until recently when inflationary pressures caused food prices to skyrocket. Minimum wage requirements, wage increases, and price gauging have all contributed to the rising costs and a drastic shift in the customer […]
One piece of analysis commonly misconstrued is the Federal Reserve’s role in the nation’s economic health. Even those who have the ability to piece together other variables that often go unnoticed commonly point their finger at the Federal Reserve. No one is factoring in the largest driver of inflation – WAR – nor are they […]
According to a recent survey by the New York Federal Reserve, Americans’ inflation expectations have dropped to the lowest level in three years. “How much worse could it get?” the average person assumes. The median expectation is that the inflation rate will be up 3% one year from now, down from a high of 7.1% […]
The kids Obama attempted to bomb in Yemen all those years ago grew up fast. They’ve now formed surprisingly efficient militias who hate the West and have become powerful enough to impact global trade. Yemeni Houthi rebels are blocking carriers from passing through the Suez Canal and have created near pandemic-level disruptions to the supply […]
Everyone wants to know what the Federal Reserve will do in 2024. Of course, people want to believe that the Fed will slash interest rates in the New Year. The pundits cling to every word except when, at the start of the month of December, Powell boldly criticized the Biden Administration, saying that his outrageous […]
News outlets are circulating that the White House is “deeply frustrated” that the media is not glorifying the unseen success of Bidenomics. A source told the Hill that meetings are taking place to discuss how they can gaslight the public into believing that the Biden Administration has improved Americans’ financial situation. “The meetings are intended […]
QUESTION: Why do you seem to be the only analyst who understands central banking? My son got an internship at one of the major banks in New York during the summer. I won’t say which bank, but he asked a senior-level guy there about you and the interest rates, explaining I had been following […]
Homelessness has reached a new high in America, the wealthiest nation in the world. The 2023 Annual Homeless Assessment Report compiled by the Department of Housing and Urban Development (HUD) revealed that over 650,000 Americans have nowhere to call home. The number of homeless individuals spiked by 12% from 2022; worse, homelessness levels are now […]
Russian President Vladimir Putin believes his nation is leading the battle against Ukraine. In a four-hour televised press conference on December 14, the Russian president said he believes that the war will end once Russia achieves its goals. “Either we get an agreement or we solve this by force,” Putin stated. Russia will spend $11 […]
