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There’s a good explanation for that. And it’s maddening. The government intentionally & dramatically underreports the true cost of living, and that fake low number is what most employers use when they set the wages they pay. So your paycheck isn’t growing nearly as fast as it needs to in order to stay ahead of inflation. Ed Butowsky created the Chapwood Index to calculate and track a more realistic measurement of the true cost of living that American’s experience “in the real world”, as an alternative to the laughably phony Consumer Price Index (CPI) published by the US government’s Bureau of Labor and Statistics. ....
Highly-respected market researcher Luke Gromen concludes that we’re living in a unique period of history given that we currently facing three massive threats: the first bursting global sovereign debt bubble in over 100 years the first time in 50+ years that foreign central banks are no longer financing the US economy (i.e., they have stopped growing their holdings of US Treasurys) the US’ long-standing “petrodollar” advantage is eroding as other countries increasingly strike deals to trade key commodities in non-USD currencies As these challenges mount, how will they resolve? Will increasing weakness cause defaults on the debts that can’t be serviced? (“deflation”) Or will the central planners “do whatever it takes” to keep the economy alive, printing ever-more currency to nominally meet debt payments and support asset prices? (“inflation”) ....
March 3, 2021 | The Gamers’ Uprising Against Wall Street Has Deep Populist Roots Ellen Brown Ellen Brown is an attorney and president of the Public Banking Institute, http://PublicBankingInstitute.org. In Web of Debt, her latest of eleven books, she shows how the power to create money has been usurped from the people, and how we can get it back. Wall Street may own the country, as Kansas populist leader Mary Elizabeth Lease once declared, but a new generation of “retail” stock market traders is fighting back. A short squeeze frenzy driven by a new generation of gamers captured financial headlines in recent weeks, centered on a struggling strip mall video game store called GameStop. The Internet and a year off in this shut down to study up have given a younger generation of investors the tools to compete in the market. Gerald Celente calls it the “Youth Revolution.” A group of New York Young Republicans who protested in the snow on January 31 called it ....
Top Money Hacks For Financial Freedom – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.
. Much ado about GameStop. [Mike Mozart / CC BY 2.0] A short squeeze frenzy driven by a new generation of gamers captured financial headlines in recent weeks, centered on a struggling strip mall video game store called GameStop. The Internet and a year off in this shut down to study up have given a younger generation of investors the tools to compete in the market. Gerald Celente calls it the “Youth Revolution.” A group of New York Young Republicans who protested in the snow on January 31 called it “Re-occupy Wall Street.” Others have called it Occupy Wall Street 2.0. The populist uprising against Wall Street goes back farther, however, than to the 2010 Occupy movement. In the late 19 ....