“Temporary” of course: 7.9% February inflation highest in 40 years
The consumer price index for February was expected to rise 7.8% over the past year, according to Dow Jones estimates. Source: CPI inflation February 2022 They said a year ago…
I’m so old, I remember when inflation was going to be brief and temporary
I’m so old I remember when our political leadership lied to us a year ago and insisted inflation would be brief and temporary. And here we are: products are being…
India Central Bank official labels cryptocurrencies as a “Ponzi scheme”
A top official of India’s central bank has compared cryptocurrency to “Ponzi scheme” and suggested an outright ban in its sharpest criticism just weeks after the government proposed taxation of…
“Wholesale prices rise 1% in January, up near-record 9.7% over the past year”
It’s okay. We can print however much money we need, say the experts: The producer price index was expected to rise 0.5% in January, according to economists surveyed by Dow…
NFT trading market suspends sales due to fraud
The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted most transactions because people were selling tokens of content that did not belong to…
What a surprise: 7.5% annualized inflation rate
February 10, 2022: Inflation surges 7.5% February 20, 2022: Inflation eroded pay by 1.7% over the past year Remember all those “Free money” stimulus checks the government sent you? You…
Electric cars appears to create sales tax boom for states
Many are priced in the $70,000 to $100,000 (or even higher) price range. If EVs sell in quantities – government mandates will likely force that in the years ahead –…
Federal unemployment rate now 3.9%
In January 2022, politicians are seeking a continued ban on evictions of those not paying rent. Depending on where you live (typically a Blue state), the moratoriums may be extended…
The U.S. is falling behind in international “transversal” skills
There's a term called "transversal" skills - referring to one's ability to be 21st century forward thinking, to understand other cultures and international opportunities, to be digitally skilled, to have…
Inflation highest in almost 40 years
Prices for American consumers are rising at their fastest annual rate since June 1982.The consumer price index (CPI) rose 6.8% in the year to November according to the latest figures…