11 Months Ago, Biden Said ‘No Serious Economist’ Believed Inflation Was Coming (VIDEO)
We just learned that inflation rose by 8.6 percent in May, the worst increase since 1981. Inflation has been causing serious economic hardship for millions of Americans for months and it just keeps getting worse. Yet just 11 months ago, Joe Biden assured us that ‘no serious economist’ was suggesting that unchecked inflation was on…
Economist Stephen Moore Warns that Democrats Are Planning on Adding $22 Trillion in Debt Over the Next Decade (Nearly Doubling the Debt)
Economist Stephen Moore is warning the world about the massive amount of debt the US is putting on or planning to put on under the Biden/Obama Administration. Former Chief Economist for President Trump, Steven Moore discussed the Democrats’ plans to place the US in unpayable debt. According to a report at Newsmax: The White House’s…
UBS Chief Economist: There Is No Inflation, Consumers Are Just Imagining It
Yesterday we asked if it was time to start worrying about food inflation while discussing recent notes by both Goldman and SocGen’s Albert Edwards, who highlighted the current burst in food inflation across the globe and especially emerging markets, pointing out troubling similarities to the period of soaring food inflation in late 2010 – sparked…