Tag: Inflation
Producer Prices Rise 8.6%, Matching Record High
(Associated Press) Inflation at the wholesale level rose 8.6% last month from a year earlier, matching September's record annual gain and offering more evidence...
Gas Prices Reach 7-Year High; Home Heating Costs Expected to Skyrocket
(The Center Square) U.S. gasoline prices reached a 7-year-high this week, with the national average of a regular gallon of gasoline rising to $3.399,...
Will Shortages in the Economy Extend to Precious Metals?
(Stefan Gleason, Money Metals News Service) For the first time in most Americans’ lifetimes, they are having to navigate chronic shortages. From bare shelves at...
Dollar Tree Loses Its 35 Year War with Inflation
(Peter Jacobsen, Foundation for Economic Education) Inflation has ruined one of my go-to examples for my macroeconomics students.
Whenever I discuss inflation with my students,...
Wholesale Prices Rose Record 8.6% Over 12 Months
(Associated Press) Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was...
An Emboldened, Super-Funded IRS to Target Bank Depositors
(Stefan Gleason, Money Metals News Service) Insidious plans are afoot in Washington to give IRS officials another $80 billion for auditors and then unleash them...
Heating Bills Set to Soar as Inflation Hits Energy Prices
(Associated Press) Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.
With prices surging worldwide for heating oil,...
$8.50 a Gallon? Pain at the Pump Reaches New Highs
(Molly Bruns, Headline USA) A shocking video by Twitter user Youssef Disla shows gas prices at a California gas station reaching nearly $8.50 per gallon.
Gas prices...
Inflation Hits 30-Year High According to This Key Metric
(Brad Polumbo, Foundation for Economic Education) The Labor Department just released the latest Personal Consumption Expenditures index (PCE), which is the Federal Reserve’s preferred...
Media Attempt to Downplay Alarming New Inflation Report
(Brad Polumbo, Foundation for Economic Education) It’s no secret that the mainstream media has a left-leaning bias. So it’s not exactly surprising that when alarming...
