What are the expected changes in the global economy and what does it mean for your personal finances?
One of the biggest benefits of the prosperity of the digital age is emerging. With relevant information accessible at our fingertips, it’s increasingly easy to make decisions that support our priorities and More...
Social Security Checks Will Increase in 2019 as Inflation Rises
Tens of millions of Americans who receive Social Security will see a 2.8% increase in their benefits next year, as inflation rises. For baby boomers, the increase is the biggest yet. After a period of low inflation, More...
Venezuela hits new low as inflation rises again, Pence calls the situation a threat to national security
The inflation rate in Venezuela has exploded over the last year as the socialist nation deals with extreme levels of poverty and food shortages. Now a new report suggests that the inflation rate could increase ten-fold More...
Newsbusters: Media ‘reluctant’ to call collapsing Venezuela ‘socialist’
Media watchdog Newsbusters took aim at the press over their avoidance of the “S-word”: socialism. “As Venezuela plunges deeper into humanitarian crisis, the broadcast and cable networks barely More...
Venezuela is world’s ‘Most Miserable’ country again
The 2016 Misery Index shows that Venezuela ranks the “most miserable country” for the second year in a row. According to economist at the Johns Hopkins University in Baltimore, Maryland. He is also More...
Social Security Set to Rise Slightly for 2017
More than 60 million Americans will see their Social Security benefits increase in the year 2017. Unfortunately, benefits will not increase by very much. The Social Security Administration (SSA) recently announced More...
Jeffrey Lipton of Fairmont Gloucester Reminds Retirees to Remember Inflation
Retirement savings is a popular topic of late. With a large section of North America’s population inching toward their golden years, ensuring they have saved enough money to live comfortably is very important. Any More...
Who’s to Blame for Rise in Realty Prices?
Truly speaking, there is no one directly responsible for the rise in the prices of real estate assets over the years. There are macro as well as local conditions that govern the demand and value of property. There More...
The secret of currency trading – What’s the way of reaping profits in the forex market?
Until the introduction of the internet, forex trading, also known as the currency trading was limited to inter-bank activity which could only be done on behalf of the banks and their clients. Eventually, the banks More...
Statistics on UK Food Consumption Revealed by Money Saving Website
A UK based money saving website, VoucherCodesPro.co.uk has completed a piece of research into the shopping habits on food in the UK. Most notably, people have reduced the number of fruits and vegetables they eat. More...
Economic Activity Surge Noticed In Ireland
While so many countries from all around are struggling, Ireland shows a constant growth in its economy at a rate of 8% per year. This is an economic activity surge that was not seen ever since the early 2000s. We More...
The Fairy Tale of Our Time, ‘massive consumer spending is what fuels an economy’
Paul Krugman is nothing if not consistent. Once again, we are told that Kenneth Rogoff is the main reason that our economy is not roaring along like boom times, and that massive consumer spending is what fuels More...
All Hail the Debt Fairy! All Hail the Inflation Fairy!
In September 2008, if it had not been obvious before, it had become abundantly clear since that the borrow-and-spend party has been over for nearly five years, yet Paul Krugman is becoming even more shrill about More...
Paul Krugman hates money, especially the Bitcoin
I used to think that Paul Krugman just misunderstood money, but now I realize that he really hates the stuff. Hates it. His recent blog post on Adam Smith and Bitcoin pretty much says it all: There have been many More...
Keynsians gone wild, understanding the spending, borrowing and printing of money as keys to a strong economy
When it comes to debating the whole issue of extending the boom via money printing and borrowing or allowing the malinvested assets to be liquidated or changed to other, more profitable uses, Paul Krugman has become More...
Yes, Inflation is our Savior, leftists cheer hyperinflation
One of Paul Krugman’s repeated themes in his columns and blog posts is that inflation is a wonderful thing, and apparently we never can have enough of it. Inflation wipes out debt, transfer wealth from creditors More...
Inflation Since The American Revolution
This chart just had to be shared. From Michael Krieger who posted this chart: inflation was virtually unheard of until the Creature from Jekyll Island (the Federal Reserve) took over. However, more importantly, More...
Federal Reserve member says ‘not signs of rising inflation’ coming
In a speech defending the Federal Reserve‘s efforts to stimulate the economy in recent years, a central-bank official said inflation isn’t a threat, and described how monetary policy easing can lower the dollar. “Inflation More...
Meat and dairy prices rise as the effects of the drought still pending
The United Nations on Thursday reported that global food prices remained steady in August, but warned that the international community should continue to be vigilant and seek to prevent sharp price increases. Arkansas More...
Drought pushes soybeans and corn prices to record high
The worst drought in a half century will continue to plague most of the U.S. Midwest crop region for at least the next 10 days, with only occasional showers providing some relief mainly in the east, an agricultural More...
