Is hyperinflation coming, is the CPI lying?

Have you ever wondered why the official inflation numbers never seem to jive with your own personal experience? For the most part, the media has dutifully reported the nonsensical CPI data as if it were scripture from the BLS. Originally, the CPI was determined by comparing the price of a

Which US President was the best economically?

Hall Of Presidents

“It’s the economy, stupid,” was the slogan James Carville coined as a campaign strategist of Bill Clinton’s successful 1992 presidential campaign against sitting president George H. W. Bush. One of the hallmarks in the U.S. presidential debate today is Trump touting the success of the U.S. economy - best ever. So

Will China crash, dragging the global economy with it?

Will China crash, dragging the global economy with it? China over the last 40 years has made stellar advancements in its economy. It is on track to be the largest economy in the world, If not already. It has been the envy of the world. The question for some is,

IMF and money supply flashing alarm bells – October 2019?

Money Supply

The International Monetary Fund (IMF) is predicting global economic growth will slow to its weakest level since the 2008 financial crisis in its third revision of its 2019 forecast. The U.S. GDP growth rate forecast was cut from 2.6% to 2.4%. The Eurozone area is expected to see 1.2% growth, down

Economy October 2019, tipping further down?

Economy

"It's the economy, stupid," a slogan James Carville coined as a campaign strategist of Bill Clinton’s successful 1992 presidential campaign against sitting president George H. W. Bush. So where are we at in terms of the U.S. economy heading into the U.S. 2020 presidential elections? As a backdrop to the recent

Zombie economy rising from the crypt?

Zombie Dollar

In the financial world, companies on life support are called "Zombie" companies. These are companies that are not able to cover their debt-servicing costs with current earnings. To stay afloat, they often keep borrowing and restructuring debt to make up the difference. Most likely, these companies should have gone out

Bitcoin outlook September 2019 – Market Watch

Market Watch Bitcoin

Bakkt has arrived for Bitcoin. Bakkt is a bitcoin futures exchange and digital assets platform founded in 2018 by the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). This new futures contract is seen by many as putting more legitimacy behind the cryptocurrency. Bakkt’s futures

Illinois in debt death spiral, emblematic of what future?

Illinois Debt

What is happening in Illinois? It seems as if it has gone from the "Land of Lincoln" to the "Land of Debt." Illinois is not alone but is emblematic to many other states in the U.S. News Forecasters asks, just how serious is the state's financial situation and what are