Powell Understands the Inflation was Created by COVID
July 27, 2023https://www.armstrongeconomics.com/wp-content/uploads/2023/07/Powell-on-Inflation-7-26-23.mp4
All posts in " Inflation "
BRICS & The Gold Backed Currency Idea
July 12, 2023QUESTION: Marty, Will the Brics launching a gold backed currency be the catalist for bankrupting 3rd world economies? Or is it rising interest rates on their debt? Tks for all the light u share in a confusing economic landscape. Cbeers .baldy ANSWER: It is unlikely that we are looking at a BRICS single currency like the […]
Bankruptcy on the Rise
July 12, 2023Chapter 11 bankruptcies in the US rose by 68% during the first six months of 2023, according to Equip Bankruptcy. You may have survived the pandemic, but surviving Bidenomics is proving too much for many businesses. There were 1,766 filings during the first six months of 2022, compared to the 2,973 businesses that went under […]
US Voters Want Economic Growth over Equality
June 7, 2023Inflation has hurt everyone. It is no surprise that a recent poll by Rasmussen Reports indicates that US voters are now prioritizing economic growth of equality. The latest survey found that 64% of voters favor policies that contribute to economic growth, while only 27% said they prioritized economic fairness. In 2019, before the last election, […]
Credit Card Debt on the Rise
June 5, 2023Credit card debt in the US spiked to its highest quarterly level in Q4 2022 after increasing by $85.8 billion. The average American household has about $10,000 in credit card debt, marking an 8.9% YoY increase. Now, Americans are facing $1 trillion in credit card debt due to rising APR and inflation. The Federal Reserve […]
Supply Chain Crisis and Inflation
May 17, 2023COMMENT: Hello Mr. Armstrong. Thank you for my daily dose of reality. Your blog is one of the last sources of untainted news. I would like to show these pictures my daughter sent me last week. We live in an affluent neighborhood in New Jersey where petty theft does not occur. The news outlets have […]
Pasta Prices Soar 20% in Italy – The Return of the Pasta Cartel?
May 16, 2023(image above represents shrinkflation — an additional burden to consumers) Italy’s Industry Minister Adolfo Urso called for an emergency meeting to discuss the sharp uptick in food prices. Pasta alone is up nearly 20%, and this is a major problem in a country where 60% of residents report eating this item daily. Some provinces are […]
Interview: The Real Rate of Inflation
May 13, 2023The post Interview: The Real Rate of Inflation first appeared on Armstrong Economics.
The Rental Crisis
May 11, 2023I reported how BlackRock is now the largest landlord in the US. Institutions have purchased hundreds of billions in real estate across the nation and have no plans to sell because rentals are a lucrative venture. Inventory is at a historic low and people simply cannot find a place to live if they need to […]
PRIVATE BLOG – Fed Knows It’s War Inflation
April 30, 2023PRIVATE BLOG – Fed Knows It’s War Inflation 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/ The post PRIVATE BLOG – Fed Knows It’s War Inflation first appeared on Armstrong Economics.
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