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Inflation

Egg Prices in 2025

White House Press Secretary Karoline Leavitt responded to an inquiry on rising egg prices by blaming the prior administration. Leavitt was correct when she stated...

Can Anything Be a Store of Value?

QUESTION: I understand that you dispute that cryptocurrency is a store of wealth because it is outside the central banks. Is this your position? Could you explain?...

Central Banks & the Absence of Tools

  Central Bankers are trapped; Keynesian Economics remains the only tool in their quiver, and they are running out of arrows. The Fed Watchers are neck-deep in...

Food Inflation on the Rise

Our models do not indicate that food inflation will ease in 2025. In fact, I have repeatedly warned that people may want to stockpile food for the next two years as...

Americans Earning Under $50K Regularly Skipping Meals to Afford Shelter

Inflation data is skewed and does not factor in the reality that the costs of basic necessities like food and housing have not waned significantly since COVID...

The Recession into 2028 Trump Does Not Understand

QUESTION: Mr. Armstrong, thank you for the WEC. Many people feel this was your best. Your solution to save our country was spectacular, and you deserved the...

Stagflation Begins

Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned...

Kamala’s First Policy – Price Controls

Vice President Kamala Harris unveiled her first economic agenda – price controls. Reminiscent of the Soviet Union, Harris believes that the government should...

US Credit Card Debt Hits $1.14 T

The Federal Reserve Bank of New York released data this week indicating that American credit card debt has reached a new high of $1.14 trillion. A separate report...

Americans Prepared for Lasting Inflation

Americans are preparing for a prolonged inflationary period, based on new data from the New York Fed. The New York Federal Reserve’s Survey of Consumer...