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Another gift from the Federal Reserve: Frito-Lay recently started putting fewer chips in a bag of Doritos, cutting the weight of a bag about 5% from 9.75 ounces to 9.25 ounces in the process, which made the bag lighter by 5%.
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Monetary policy cannot undo the damage caused by negative supply shocks such as war or government shutdowns caused by a pandemic.
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The fate of the world is in the hands of a man who is weak-willed and mentally ill, to say the least.
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The president is attempting to distance himself from his own substantial contributions to record gas prices and inflation.
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Tom Brady said Sunday he plans to return to the NFL to play for his 23rd season with the Tampa Bay Buccaneers.
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Watching the displays on a petrol pump while filling your car's tank might cause a panic attack. Buying a secondhand automobile nearly always necessitates taking out a second mortgage. In terms of mortgages, the middle class is being priced out of the housing market as house prices continue to rise. Many price hikes have gotten out of hand.
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President Biden stated in an interview aired on Super Bowl Sunday that the NFL's absence of black head coaches demonstrates a lack of 'generic decency' from a league that hasn't maintained its commitments.
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The federal government must maintain interest rates low in order to continue borrowing billions of dollars for continuous 'relief' programs and new wars.
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After NBC's Lester Holt pointed out that President Biden incorrectly predicted that rising inflation would be transitory, Biden referred to Holt as a 'wise guy'.
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Since the Federal Reserve began taking a more active role in regulating aggregate demand during World War II, it has lowered its price stability aim and shifted its emphasis toward employment and higher inflation.