(Bethany Blankley, The Center Square) President Joe Biden is blaming corporations for high prices and "shrinkflation."
Business executives and many economists disagree, arguing the real problem is inflation created by federal deficit spending policies.
Ahead of the Super Bowl, Biden tweeted a video saying, “While you were Super Bowl shopping, did...
(Mike Maharrey, Money Metals News Service) The bank bailout program established by the Federal Reserve in the wake of last spring's banking crisis is scheduled to shut down on March 11.
Then what?
There are a lot more questions than answers.
For instance, will the Fed blink?
And if it doesn’t, how will...
(Mike Maharrey, Money Metals News Service) Defining inflation as "rising prices" creates all kinds of confusion. As I explained in-depth, historically, inflation meant an increase in the amount of money and credit in the economy, or more succinctly, an expansion in the money supply. Rising consumer prices - price...
(Mike Maharrey, Money Metals News Service) Price inflation was supposed to be dead and buried months ago. But it’s doing just fine, thank you very much. The January Consumer Price Index report makes that pretty clear.
Sure, the Federal Reserve managed to knock inflation down. But it was never out....
(Jacob Bruns, Headline USA) At a Monday night debate in California, candidates for the United States Senate vied for the support of voters.
One candidate in particular, Rep. Barbara Lee, D-Calif., floated the idea of raising the state's minimum wage to $50 per hour, Fox News reported.
According to Lee, such...
(Luis Cornelio, Headline USA) Huma Abedin, the infamous ex-wife of disgraced former Rep. Anthony Weiner, and Alex Soros, the son of billionaire left-wing donor George Soros, caused a stir on social media when they publicly announced an apparent relationship.
On Wednesday, Soros took to Instagram, sharing a photo of himself with Abedin...
(Ben Sellers, Headline USA) Two notable events happened Sunday night that, at first glance, may have seemed unrelated to the casual observer.
Yet, both proved that, for all its virtue-signaling about safeguarding democracy against Russian President Vladimir Putin, the woke Left is playing right into the ex-KGB spymaster's hands in...
(Money Metals News Service) The story of the Hunt brothers and their attempt to "corner the silver market" in 1979 and 1980 is a classic example of speculative investment, market manipulation, and government intervention on a grand scale.
Peter Thomas was present on the trading floor during this period and...
(Mike Maharrey, Money Metals News Service) The Federal Reserve is between a rock and a hard place. It needs to cut interest rates because this debt-riddled economy simply can’t function in a high-rate environment. But the Fed can’t plausibly cut rates with price inflation still far above its target.
As...
(Ken Silva, Headline USA) The Department of Veterans Affairs is facing allegations that it cut the benefits from Jan. 6 defendants who haven’t been convicted of felonies, which critics say is against VA policy.
The allegations were first reported last November by independent journalist Breanna Morello, who filed a lawsuit...
(Jacob Bruns, Headline USA) Before his landslide victory in South Carolina's Democratic primary on Saturday, President Joe Biden released a video in which he blatantly pandered to black voters while promoting ethnic stereotypes.
The video was filmed during a recent visit to Raleigh, North Carolina---anticipated to be a key swing...
(Mike Maharrey, Money Metals News Service) The federal government's budget deficit was “only” $21.93 billion in January. That was a significant improvement over the $129 billion shortfall recorded in December.
But don’t throw the confetti.
The smaller deficit was primarily due to increased government receipts thanks to a big drop in...