Author: bitcointalk

While the prevailing post-payrolls narrative has focused on the divergence between the stronger than expected (if soon to be revised lower) headline payrolls print (which at 187K came in just above expectations of 170K but followed two sharply downward revised months) and the unexpected spike in the unemployment rate from 3.5% to 3.8%, the highest since Feb 2022, a closer look at the details of today's jobs report reveals just how ugly the reality behind the the Budget-Busting Bidenomics (more…)

Authored by Mihai Macovei via The Mises Institute,

Economic growth in the United States accelerated to a 2.4 percent annualized rate in the second quarter of 2023, picking up from 2.0 percent in the first quarter, and climbing well above the 1.8 percent rate predicted by economists. Many analysts are surprised that the US economy has continued to expand at a robust pace despite the Federal Reserve’s (Fed) aggressive tightening on monetary policy.

The Fed raised interest (more…)

By Brian McGlinchey via starkrealities.substack.com

As millions of Americans struggle to recover from the latest hurricane, state government officials are issuing stern reminders that criminal penalties loom for anyone who engages in “price gouging.”

“Price gouging” is the pejorative label applied to the charging of substantially higher prices for goods and services that are in high demand and short supply in disaster-stricken areas. Anti-price gouging laws typically apply to (more…)