Economy

Who Sets the Prices for Goods?

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From “mises.org” Individuals are often presented as if a value scale is hard-wired in their heads. Allegedly, this value scale remains the same all the time. As a result, this value scale supposedly instructs individuals in the selection of goods. Were that the case, then it makes sense to attempt to extract this value scale […]

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Rising costs, shrinking consumer spending and changing customer habits push more restaurants into bankruptcy

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This article comes from “naturalnews.com” At least 10 major restaurant chains have filed for Chapter 11 bankruptcy this year due to rising costs, shrinking consumer spending and the disappearance of pandemic-era financial support. In August alone, three notable restaurant chains sought bankruptcy protections. Mediterranean fast-casual chain Roti filed on Aug. 23, citing challenges from high operating costs and

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The U.S. Government has WASTED $200 BILLION DOLLARS on Ukraine and Israel that could have helped OUR NATION’S broken education system and homeless veterans

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This article comes from “naturalnews.com” The United States has given Ukraine over $46 billion in military aid to fight Russia, according to the U.S. Department of State and Department of Defense. That’s far more than any other country. Since Israel’s founding in 1948, it has received $158 billion in military aid from the United States, making it the greatest

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No Central Bank Wants to Stop Price Inflation

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This article comes from “infowars.com” Many citizens want more government control of the economy to curb rising prices. It is the worst strategy imaginable.  Interventionist governments never reduce consumer prices because they benefit from inflation, dissolving their political spending commitments in a constantly depreciated currency. Inflation is the perfect hidden tax. The government makes the currency

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Democratic Congresswoman Criticizes Kroger Over Facial Recognition Technology

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From “100percentfedup.com” Rep. Rashida Tlaib (D-MI) accused grocery chain Kroger of using facial recognition technology to deploy digital price tags and increase the prices certain individuals pay for groceries. “Families across the country are struggling to keep up with rising prices, and there’s growing concern about how technology like facial recognition and behavioral tracking are

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Why the Fed’s Two-Percent Inflation Target Is Meaningless

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From “mises.org” Federal Reserve technocrats like to use a variety of slogans and buzzwords designed to make the Federal Reserve look like it’s an apolitical, “scientific” institution guided only by a quest for sound management of the economy. Specifically, nearly every time Fed chairman Jerome Powell makes an appearance—whether it’s the usual FOMC press conference,

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U.S. to provide another $8 billion in military aid to Ukraine following Zelensky’s visit to Washington

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This article comes from “naturalnews.com” The administration of President Joe Biden has prepared a new $8 billion military aid package for Ukraine following Ukrainian President Volodymyr Zelensky’s visit to Washington on Sept. 26. According to reports, the Biden administration will draw $5.6 billion from current United States Armed Forces stockpiles, and an additional $2.4 billion will be allocated

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An Unprecedented Monetary Destruction Is Coming

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From “mises.org” Global money supply has soared by $20.6 trillion since 2019, according to Bloomberg. Additionally, global debt surged by over $15 trillion in 2023, reaching a new record high of $313 trillion. Around 55% of this rise came from developed economies, mainly the U.S., France, and Germany. Unfunded liabilities in the United States amount

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Food prices hit RECORD HIGH in July under Biden-Harris administration

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This article comes from “naturalnews.com” Food prices have hit a record high in July under the watch of the Biden-Harris administration. According to the National Pulse, food inflation in July hit an all-time high despite claims from Democrats that inflation had subsided. This translated to Americans “paying more than ever for food at grocery stores and restaurants

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