Real Wages Fall for Two Years Straight as “Transitory” Inflation Turns Stubborn By: Ryan McMaken The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data last week, and according to the report, […]
Why the Fed Is Bankrupt and Why That Means More Inflation By: Ryan McMaken In 2011, the Federal Reserve invented new accounting methods for itself so that it could never legally go bankrupt. As explained […]
US Consumer Prices Are Rising At Their Fastest Pace In Over 40 Years ZH With the Biden administration already setting the narrative yesterday that today’s inflation print could be ‘high’, and expectations for a headline […]
ER Editor: Remember, economics are not what we’re supposed to be talking about, anywhere. For most of a decade, since the financial collapse of 2008/2009, it’s been a forbidden topic, which is hardly surprising since […]
UK workers’ wages slashed by as much as a third in last decade BARRY MASON The onslaught against workers’ wages since the 2008 financial crisis has resulted in pay falling by as much as a […]
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