Showing posts with label INFLATION 2013. Show all posts
Showing posts with label INFLATION 2013. Show all posts
Friday, December 20, 2013

Q3 2013 GDP Third Estimate At 4.1%, But Inventories Constitute 41% Of That

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The BEA reports here : Real gross domestic product -- the output of goods and services produced by labor and property located in the United ...

The Consumer Has Been Wiped Out By Food And Energy Inflation Since 2007

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energy inflation up 7.75% food inflation up 15% average hourly earnings up 14.1% Average hourly earnings for all employees are up 14.1% from...
Thursday, December 5, 2013

Second Estimate Of Q3 2013 GDP Rises To 3.6% From 2.8% In The Initial

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The report from the Bureau of Economic Analysis is here , showing Q3 2013 real GDP growing at a 3.6% clip.  1.68 points of the 3.6, however,...
Wednesday, September 18, 2013

By Not Tapering, Fed Devalues Your $ In One Day By Almost What It Takes A Year To Do

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The dollar fell 1.2% today because the Fed decided not to taper bond purchases, while year over year the dollar is down 1.5% to 1.8% because...
Wednesday, August 28, 2013

Is The Cost Of College Really Up 538% Since 1985? Or 53%?

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Gold averaged $317/ounce in 1985. Today it's knocking on the door of $1,430, up 351%. But the cost of a college education is up 538% sin...
Wednesday, July 31, 2013

First Report Of Q2 2013 GDP At 1.7%, Q1 Revised Down To 1.1% From 1.8%, Q4 2012 Down To 0.1% From 0.4%

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The press release, excerpted below, from the BEA is here , the full pdf with the 14th revision of the comprehensive GDP data is here . The r...
Friday, July 12, 2013

How A Good Central Banker Is Supposed To Behave

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not like this under Greenspan and Bernanke David Merkel, here : A good central bank fights the politics of the nation of which it is a part ...
Wednesday, June 26, 2013

Sleeper Story Of The Day: Q1 GDP Revised DOWN To 1.8% From 2.4%

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While everyone was fixated on Supreme Court rulings involving homosexuality, the third and final report of GDP for Q1 2013 got buried in the...
Sunday, May 19, 2013

Inflation Year Over Year April Is 1.06%: Bob Brinker Thinks That's Great!

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Here's a news flash for you: At 1% inflation it will take about 69 years to halve the value of your money. I said halve it. To many peop...
Saturday, April 13, 2013

Robert Samuelson: Obama Is Timid, Lazy, Phony, Tiny and Small

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"Timid, lazy, phony, tiny and small" doesn't quite have the same ring as "solitary, poor, nasty, brutish and short",...
Wednesday, April 3, 2013

Forbes: The Fed Is The Most Hypocritical, Thieving, Incompetent Bank In The Country

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Richard Salsman for Forbes here savages the thieving, incompetent US Federal Reserve for its utter hypocrisy in keeping comparatively well-...
Wednesday, February 13, 2013

How About A National Minimum Wage Of $4.34 As In Obama's American Samoa?

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"The first attempt at establishing a national minimum wage came in 1933, when a $0.25 per hour standard was set as part of the National...
Friday, January 25, 2013

The 1932 Dollar Adjusted For CPI Through 2011

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The 1932 dollar (when gold was last fixed at $20.67 the ounce)  adjusted for CPI through 2011 comes to $16.50 ($1 x 1650%). If you had $20....