Tag: the economy

Inflation Murdering Young Americans’ Finances

Previously: We’ve Entered a New Phase of Our Recovery Inflation was the old phase of our recovery. The new phase is an officially quantified but non-designated recession. But the previous phase of our recovery continues to destroy everyone’s life. Reuters : As high inflation forces…

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Breaking: US Prices to Keep Climbing Forever

And so it goes. And so it goes. This is you’re life and you’re poor and you owe it to the Ukraine to be poor and also there is a virus and basically, shut up or you’re going to prison. AP : Inflation surged in…

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Watch: Yellen Says She Was Wrong About Inflation

NEW – Biden's Yellen on inflation: "I was wrong then…" pic.twitter.com/NQRobMLKeO — Disclose.tv (@disclosetv) May 31, 2022 She was wrong, okay guys? Don’t be so hard on her. She’s just a woman. There was no reason the money printing would lead to inflation. No one…

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Affordable Housing: That Pod is Gonna Run You $800 a Month

Rent for a 3-bed, 2-bath in Palo Alto, California can run up to $8,000/month. 14 residents living in one 3-bedroom house are paying $800 a month as they share amenities and sleep in pods https://t.co/fLcPThIH0h pic.twitter.com/36qjOYcgn5 — philip lewis (@Phil_Lewis_) May 3, 2022 I guess…

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Biden Plans to Monitor Every Financial Transaction

I don’t know why the libertarians at reason magazine care about this – it is going to be private companies working with the government to monitor people’s transactions. But hey – they’ve got a good article about it. Matt Welch writes for reason magazine :…

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Biden Urges G7 Countries to Unite and Compete With China

We recently learned the average European is not especially gung-ho about a war with Russia. But how about a war with China? Are they into that? AP : Leaders of the world’s largest economies on Saturday unveiled an infrastructure plan for the developing world to…

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