Inflation

Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year

October 22, 2014

Thanks to the Federal Reserve, the middle class is slowly being suffocated by rising food prices. Every single dollar in your wallet is constantly becoming less valuable because of the inflation the Fed systematically creates. And if you try to build wealth by saving money and earning interest on it, you still lose because thanks to the Federal Reserve’s near zero interest rate policies banks pay next to nothing on savings accounts.

$4.10 Per Pound: Ground Beef Price Climbs to Another Record High

October 22, 2014

The average price for a pound of ground beef climbed to another record high–$4.096 per pound–in the United States in September, according to data released today by the Bureau of Labor Statistics (BLS). In August, according to BLS, the average price for a pound of all types of ground beef topped $4 for the first time–hitting $4.

Europe Is Flirting With A Bizarre New Kind Of Economic Meltdown That Hasn’t Been Seen Since The 1930s

October 19, 2014

Inflation is crumbling across Europe. In fact, in several countries, it’s already negative. Economists are increasingly worried that the whole continent is going to drop into deflation.

A Pound Of Ground Beef Tops 4 Dollars For The First Time Ever

September 17, 2014

Although the overall Consumer Price Index dropped by 0.2 percent in August, the price index for food rose 0.2 percent, with the average price for a pound of ground beef rising to $4.

A Visual History: How Much $1 Used To Get You (And How Much It Gets You Now)

September 16, 2014

Ever since the creation of the Federal Reserve in 1913 Americans have seen the value of their currency dwindle. We know the dollar has lost some 97% of its value since the Fed took over. But it’s hard to actually grasp this destruction of value without some examples.

Inflation is Like Toothpaste~Once It’s Out, You Can’t Get it Back In

September 16, 2014

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” – Vladimir Lenin In an interview between Jim Goddard and David Smith, Senior Analyst for the Morgan Report, Jim Goddard asks:JG:

Price Of Milk Soars To Brand New Record High

September 9, 2014

Milk futures rose to a record as exports by the U.S. climbed amid shrinking inventories of cheese and butter, signaling higher costs for pizza and pastries.