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How much did $1 used to buy you? (infographic)

U.S. dollars - Public Domain Photo

A buck used to buy quite a bit. Nowadays, a buck buys a nickel's worth. This infographic looks at how much $1 used to purchase, including four movie tickets (1941), three gallons of whiskey (1810), two pounds of coffee (1808), 10 Hershey's bars … [Read more...]

Peter Schiff takes on Joe Weisenthal in battle of Fed haters, cheerleaders

End-the-Fed

Peter Schiff, president of Euro Pacific Capital, took on Joe Weisenthal, chief executive editor of the Business Insider, in a battle described by CNBC as Fed Haters vs. Fed Cheerleaders. When you watch the eight-minute video, be sure to monitor … [Read more...]

Marc Faber: ‘We have a bubble in everything, everywhere’

U.S. dollar - Photo by: reubeningber

Marc Faber, editor and publisher of the Gloom, Boom & Doom Report, has been consistent in forewarning about the growing abundance of bubbles in every element of the stock market and global economy. Where are the bubbles? According to Faber, … [Read more...]

World Bank warns Ebola outbreak may create economic catastrophe

ebola

Ebola has created widespread panic in West Africa as countries have instituted a number of measures to combat the infectious fatal disease. Health experts and public officials fear it could reach beyond the borders of Africa and hit nations all over … [Read more...]

Video: Ron Paul, Tom Woods discuss libertarianism and its critics

ron-paul3

Former Texas Republican Congressman and three-time presidential candidate Ron Paul had Tom Woods, author of "Real Dissent," on his show on the Ron Paul Channel. The 12-minute interview discussed libertarianism and its critics, Wood's book "Meltdown" … [Read more...]

Week in Review: Sept. 15 to Sept. 21

In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Deutsche Bank: Global government bond market in a bubble (hot) Robert Reich bashes rich people again … [Read more...]

Yes or No: Scotland would still have had to look after Queen Elizabeth

Currencies

There is a mix of both adulation and mourning in Scotland, England and in other parts of the globe Friday as Scotland voted 55 percent in favor of maintaining its union with the United Kingdom. Rather than secede from Great Britain and become its … [Read more...]

LOL: Fed Chair Janet Yellen urges Americans need to save more

Dollar devaluation

Americans simply need to save more money to pay for financial setbacks. This is the recommendation that Federal Reserve Chair Janet Yellen has for those who are “extraordinarily vulnerable.” Yellen told a crowd in Washington during a speech … [Read more...]

Stock markets don’t discriminate against race, education or incomes

gold_and_us_dollar

Every so often, various websites run articles reporting that certain demographics are investing in the stock market or refusing to take that important financial leap. Sometimes the articles produce an abundance of vital data that looks at how … [Read more...]

Can Americans believe the latest CPI numbers suggesting no inflation?

Money

The United States Labor Department released data Wednesday highlighting that the United States consumer prices declined for the first time in more than a year in August. The federal department said the consumer price index (CPI) fell 0.2 percent due … [Read more...]