Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report.
U.S. bond yields stayed inverted Tuesday morning as investors remained unconvinced that a series of Federal Reserve interest-rate hikes won’t derail the economy.
The housing market has been showing signs of exuberance for more than five straight quarters through the third quarter of 2021, the Dallas Fed found.
The remark was the strongest warning by Kuroda on yen moves since the currency's slide to a six-year low last week, and a sign the BOJ shares the government's concern over the potential damage to corporate sentiment from sharp yen falls.
Most people seem to think that tighter monetary policy will bring on a recession, but they believe that it will solve the inflation problem. In his podcast, Peter Schiff explained why they've got it half right. We are heading toward a recession, but it's not going to solve the inflation problem. In reality, we're heading for stagflation.
Yearly inflation in Turkey hit 61.14% on Monday, climbing to a new 20-year high and deepening a cost of living crisis for many households.
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars. Under sanctions put in place after Russia invaded Ukraine on...
The World Bank cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact of Russia's invasion of Ukraine, warning the region could lose further momentum if conditions worsen. The Washington-based lender said in a report on Tuesday it expected 2022 growth in the developing East Asia...
Soaring food and fuel prices are starting to rattle governments around the world, showing the widespread political consequences of Russian President Vladimir Putin’s invasion of Ukraine.
Protests have taken place across Peru, as oil, gas and toll road prices rise.
With the breakdown in the energy and commodity markets due to the sanctions and supply shortages stemming from the Russia-Ukraine War, Major Fireworks are now taking place in the Silver Market. Not only are we seeing surging premiums in the silver bullion market, but there are also...
Inflation is back and accompanied by a weakened global economy. Stagflation has taken hold. Now the Ukraine conflict has also become hot and the world is in the process of reordering itself. All this is accelerating the economic problems that existed before. The endgame of fiat currencies may have already begun.
Swiss gold refiners are not required to disclose the sources of the precious metal. Bond villian Auric Goldfinger would likely have welcomed such news.
Last July when a team of White House economists issued their analysis of the predicament the US economy was mired in, the historical parallel they landed on was the immediate years following the Second World War. In their telling, it was similar supply shortages and pent-up demand that was causing all the inflation.
Money supply growth rose for the third month in a row in February, continuing ongoing growth from October's twenty-one-month low. Even with February's rise, though, money supply growth remains far below the unprecedented highs experienced during much of the past two years.
By raising interest rates the central bank cannot undo the damage from its previous easy interest rate stance. A tighter stance will likely generate various other distortions. Therefore, policy makers should leave the economy alone.
The president's $5.8 trillion budget shows he wants more of the same government spending that is already sending prices through the roof.
Apr 4, 2022 - 11:57:39 PDT
De-globalization is underway. A key ramification is higher inflation.
Apr 4, 2022 - 11:54:27 PDT
Please consider a very biased poll on student debt cancellation and disingenuous reporting by Business Insider.
The Fed’s Money-Printer Era: Of the Greatest Economic Injustice in Recent HistoryryApr 4, 2022 - 11:45:51 PDT
The wealthy got immensely wealthier. Everyone else paid for it via rampant inflation.