Georgia gubernatorial candidate Stacey Abrams may have found the solution to inflation, and she must get in touch with Federal Reserve Chair Jerome Powell immediately. Just get an abortion. Speaking in an interview with MSNBC’s Mike Barnicle, Abrams, who has been one of the most prominent election deniers on the left, claimed that the growing […]
Money
UK inflation tops 10%, eurozone inflation soars to 9.9%
Across the pond, inflation is spiraling out of control. The latest inflation data is devastating. In the United Kingdom, the annual inflation rate climbed to 10.1 percent in September, up from 9.9 percent in August. The core inflation rate, which eliminates the volatile food and energy sectors, also advanced to 6.5 percent, up from 6.3 […]
U.S. housing market recession deepens as home builder sentiment collapses to decade low
The U.S. housing market’s recession is deepening. The October National Association of Home Builders (NAHB) Housing Market Index declined for the tenth consecutive month, clocking in at a decade low of 38. Not only was this below market forecasts of 43, but it was also half the level it was six months ago. From soaring […]
IMF admits CBDCs would allow governments to control what people spend their money on
By now, it is clear that the concept of a central bank digital currency (CBDC) is evil. It will eventually be used as a tool to control the people to enact certain policies and guarantee that the public falls in line with what the government wants. The International Monetary Fund (IMF) essentially conceded that CBDCs […]
Thanks Jerome Powell: New York City minimum wage earners need to work 111 hours to afford rent
It sucks to be a minimum wage worker in New York City in this inflationary economy. According to a new survey by United Way of the National Capital Area, minimum wage earners in New York would need to work 111 hours to afford a one-bedroom rental. But while this is atrocious, a minimum wage employee […]