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Inflation, as history has shown, may spiral out of hand very quickly.
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President Biden called for the Federal Trade Commission to investigate major oil and gas companies over rising gas prices on Wednesday.
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Bond markets may have taken a poor view of the left's aspirations to construct a European socialist state if the Federal Reserve had not bought up Treasury notes.
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President Biden has stated repeatedly that his ideas will not raise taxes on anybody earning less than $400,000 per year.
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The president claims that his trillion-dollar spending plan would generate jobs, improve the economy, and raise salaries while without increasing the national debt.
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His policies are destroying the United States.
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Prices of daily consumer items climbed 6.2 percent in October, bringing inflation to its worst level in 31 years, and President Joe Biden's $1.2 trillion infrastructure plan is projected to exacerbate the problem.
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Massive federal spending meant to blunt the coronavirus’s economic impact could have long-term costs, experts say — meaning those stimulus checks might not be free money after all. Congress’s unprecedented stimulus measures coupled with the Federal Reserve’s aggressive efforts to shore up the economy could drive up inflation in the coming years, leaving Americans with …
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The Federal Reserve kept interest rates pinned near zero on Wednesday and promised to keep them there until inflation is on track to “moderately exceed” the US central bank’s 2 percent inflation target “for some time.” The change in guidance is part of a monetary policy shift announced by the Fed last month that is …
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Years of deficit spending has made monetary policy a slave to fiscal policy. The federal government is moving into the final stages of its fiscal life. Deficits have gotten so enormous that the Federal Reserve simply prints the money the government needs. Why? Because that’s the only option left on the table. For years, we …
Inflation, as history has shown, may spiral out of hand very quickly.
