US President Dwight D. Eisenhower was absolutely terrified of inflation.

And that’s really saying something for a guy who had commanded Allied forces against the Nazis, faced down the Soviet Union during the Cold War, and overseen the dawn of the Atomic Age.

Sure, those threats might seem more serious than a 5% increase in the price of milk. But Eisenhower felt strongly that inflation was a matter of national security. Continue reading →

Why can’t we just be objective about the economic numbers? When Joe Biden was in the White House, many Republicans (including Donald Trump) used the word “fake” to describe the economic numbers that the federal government was putting out, and as I documented extensively throughout the Biden administration, the rosy economic numbers that we were getting from the federal government certainly diverged greatly from reality.

But now that Biden is out of the White House, we are suddenly supposed to believe that the federal economic numbers that are being calculated by the exact same people as before are somehow legit? Come on. If the government was giving us “fake” economic numbers six months ago, they are still giving us “fake” economic numbers today. As I will discuss below, the same absurd “adjustments” that were being made during the Biden administration are still being made now. Continue reading →

Jamie Dimon: Mob Boss

In a striking revelation during a recent conference, Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., cautioned that the U.S. economy might be teetering on the edge of a downturn.

Highlighting the diminishing effects of pandemic-era government spending and monetary policy, Dimon warned that the nation’s economic stability could soon be compromised.

During a Morgan Stanley conference held on Tuesday, May 15, in Paris, Dimon stated, “I think there’s a chance real numbers will deteriorate soon.” Continue reading →

The dam is breaking!

In a terrifying admission that signals a seismic change in corporate America, the CEO of one of the biggest carmakers in the US has broken cover to admit the devastating effects AI will have on the workforce. Continue reading →

It looks like a real sale from a big brand, until your credit card details are stolen.

An alarming wave of online scams is sweeping the US, targeting shoppers with fake websites designed to mimic major retailers.

These sites are crafted to steal your payment information without delivering a product, often luring shoppers in through social media links, fake ads, or even top Google search results. Continue reading →

It was September 29, 2021 – nearly four years ago – that then House Speaker Nancy Pelosi held a press conference about their $3.5 trillion “Build Back Better” spending bonanza.

Despite the outrageously high price tag, Pelosi told reporters at the presser, “the dollar amount [of the Build Back Better bill], as the President said, is zero.”

She then made a little circle with her right thumb and index finger to emphasize her point, pivoting to all the cameras from left to right as if to insist that there was no cost to her $3.5 trillion legislation. Continue reading →

While everyone has been preoccupied with the war in the Middle East and the anti-ICE protests going on around the nation, economic conditions in the U.S. have continued to deteriorate. The housing market is in abysmal shape, consumer spending is down and layoffs are way up.

Meanwhile, fear of our seemingly endless cost of living crisis is preventing the Federal Reserve from cutting interest rates, and we shouldn’t expect any additional “economic stimulus” from our politicians in Washington any time soon because the federal government is already facing an unprecedented debt crisis. In other words, our economy is a giant mess and the cavalry isn’t going to come riding along to save us. Continue reading →