There is no inflation if you don’t eat. The United Nation’s Food and Agriculture Organization (FAO) reported that global food costs keep climbing. From grains to vegetable oils to meat, everything is surging across the world since the start of the coronavirus pandemic, mainly because China is buying all the supplies. Here is what the […]
Archives for April 2021
How the $28 trillion national debt will weaken the U.S. dollar
By: Stefan Gleason Americans appear to be growing more concerned about the skyrocketing national debt level – officially $28.1 trillion and counting. The Peter G. Peterson Foundation’s monthly Fiscal Confidence Index recently shed five points, dropping to a level of 47, in the wake of the Biden Administration’s latest $2 trillion stimulus package. That $2 […]
Will Bidenomics deliver Carter-esque stagflation or stagnation?
By: Andrew Moran Unless you have an affinity for bell-bottom pants and Saturday Night Fever, many Americans do not look back at the 1970s with great nostalgia. And yet, a few decades later, the United States could be living through a similar period – at least from an economic perspective. Since announcing his exorbitant infrastructure proposal, the […]
Peter Thiel: U.S. should crackdown on bitcoin, warns of Chinese weapon to threaten dollar
Is it time to rein in cryptocurrency? Peter Thiel is considered to be an avid supporter of bitcoin and cryptocurrencies. But he also thinks it could be hurting the United States. In fact, he believes it could be a Chinese weapon. Thiel said during an appearance at a virtual event held for members of the […]
INFLATION ALERT: Food prices surging worldwide amid post-coronavirus recovery
By: Andrew Moran The talk of the town these days is inflation. Treasury yields are flying higher than Cheech and Chong. The main worry for institutional investors today is higher prices, as the Federal Reserve admits that inflation is on the horizon. This was inevitable after a year of trillions of dollars in money-printing and historically low interest […]