Posts Tagged ‘Michael Snyder’
What is the Real Story?
For many years I have written about how economic data is often ‘massaged” (or manipulated?) to make the reported numbers look more favorable. This is true of the reported inflation rate, the reported unemployment rate, and the money supply. Now, it seems that there is extreme manipulation as far as the jobs…
Read MoreHappy New Year – New Taxes Await
Happy New Year! And, with the new year comes higher taxes, thanks to the Washington politicians. While I fully expect another difficult year for the economy and investing, the consumer spending-dependent US economy will have to withstand higher taxes in addition to record debt levels and inflation. This from “Zero Hedge” (Source: https://www.zerohedge.com/political/heres-list-biden-tax-hikes-which-take-effect-jan-1):…
Read MoreEconomic Deterioration and Washington Excesses
As the year 2022 comes to a close, and we look forward to next year, it is difficult to move ahead, anticipating a better year economically speaking. That might seem too negative since the year 2022 wasn’t great economically. This past year saw negative economic growth in the first two quarters of the…
Read MoreInflation and the Curious Fed
Stocks had another down week while gold and silver continued to rise. As noted last week, all major US stock indices are now trading below their 200-day moving averages, a technically significant level. As a reminder, there is just one week remaining to request the February Special Report titled, “Stock Update: Is the…
Read MoreInflationary Death Spiral – Part Two
The economic news continues to concern. As anyone who has been a long-term reader of my posts knows, when the Federal Reserve began quantitative easing programs, a.k.a. currency creation, I suggested we would ultimately have inflation followed by deflation or should the Fed be tempered in its approach to currency creation, we could…
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