Tag Archives: inflation

  Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. The Nouriel Roubini warning: Now Roubini is warning that the staggering amounts of debt held by individuals, businesses, and the government will soon lead to …

  The Social Security Administration just released national wage statistics for 2022, and the figures that they have given us do not paint a pretty picture at all. Middle Class Crisis in America:  In particular, we should all be deeply alarmed that the median wage earner brought home just $40,847.18 last year.  That breaks down to about $3,400 a month, …

  The Federal Reserve’s Anti-inflation Policy Makes No Sense. Another agenda is in play. Dear readers and fellow economists, the Federal Reserve is treating a rise in prices from supply shocks and disruptions from the Covid lockdowns and sanctions against Russia, Iran, and other countries as if it were a monetary inflation. It is true that too much money is chasing …

  The world has entered a geopolitical depression, writes Dr. Nouriel Roubini, pointing at severe megathreats that spell dark days ahead.   This new era will resemble the tumultuous decades between 1914 and 1945, as the U.S. economic, financial, security unipolar world is challenged by four powers – China, Russia, Iran and North Korea. “There is a sharply rising risk …

  Herland Report: The American De-Industrialization: As I recently wrote, the US no longer has an economy.  America is a market for goods produced offshore with foreign labor that US global corporations sell to Americans.   The US which once produced its own manufactured goods and food now imports much of it.  The result is that fewer and fewer American incomes are based …

  Herland Report: Financial Collapse: Financial experts and insiders have, for well over a decade, warned that a collapse of the U.S. currency is a mathematical inevitability, and this collapse will have global ramifications, as the dollar is the world’s reserve currency. U.S. inflation is currently at 8.3%, but in some markets, it’s in the double digits. Used car sales, …

  Herland Report: What to do about Inflation: Americans live from threat to threat. Now that the “covid threat” and the “Russian threat” have played out, we have the “inflation threat,” but is it any more real? It is true that the Central Bank has poured out unprecedented amounts of money for more than a decade.  The excuses were:  to cause a …

  Herland Report:  Much More Inflation On The Way: Did anyone out there actually expect things to turn out differently?  When the federal government kept borrowing and spending trillions upon trillions of dollars that we did not have, we were warned that this day was coming. And when the Federal Reserve kept pumping trillions upon trillions of fresh dollars into …