Millions of retired and disabled people in the United States had better brace for another year with no increase in Social Security payments.
ANY American who has shopped for groceries or pumped gasoline in the last few months knows that prices for food and energy have been soaring. Demand from fast-growing Asian economies is one major contributor to price increases; the turmoil in the Middle East is another.
Inflation and oil prices remain the biggest risks to Britain's economic recovery, the Office for Budget Responsibility has warned.
History tells us that another bubble is always around the corner in the paper dollar system.
Ah, the old "How long will my money last?" question. Sounds to me like someone's trying to figure out whether her savings will carry her through retirement.
The Federal Reserve's easy-money policies are starting to have an impact on the cost of imports for American firms and that's leading to higher prices, according to Deutsche Bank economist Carl Riccadonna.
Hyperinflation is poorly understood. As its name might imply, most people believe hyperinflation is merely inflation on steroids. But that’s not necessarily accurate. Inflation can and does occur in a perfectly healthy economy.
The triumph of crony capitalism occurred on October 3rd, 2008. The event was the enactment of TARP — the single greatest economic-policy abomination since the 1930s, or perhaps ever.
One would think that after the worst financial crisis since the Great Depression, Americans could at least catch a break for a while with deflationary forces keeping the cost of living relatively low. That’s not the case.