Inflation
Search documents
Judy Shelton: It's a mistake for the Fed to deliberately restrict capital access through high rates
CNBC Television· 2025-11-11 14:22
Monetary Policy & Inflation - The Fed's 2% inflation target is considered by some to be above the original dual mandate, with a zero percent target preferred for pure price stability [2] - The Fed aims for stable inflation, but its track record in achieving this is questionable [3] - A little bit of deflation is considered a natural part of economic development due to technological and productivity improvements [6] - Current inflation measures, such as the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) indicator, may not accurately reflect the price inflation experienced by average American families [8] - The Fed's deliberate debasement of purchasing power necessitates inflation adjustments, creating confusion [9] Interest Rates & Economic Impact - The Fed's method of curbing inflation by restricting growth is questioned, particularly its reliance on Keynesian models that ignore the impact of lower taxes and less regulation on increasing supply [12][13] - High interest rates restrict access to capital, hindering real prosperity gained through the production of goods and services [15][21] - The Fed's actions empower the government at the expense of the private sector, especially small and medium-sized businesses [14] - Lowering rates is suggested to stimulate small business hiring by improving access to capital [21] Fiscal Policy & Government - Perpetual deficit spending is viewed as immoral and corrupt, creating purchasing power based on future, unproduced goods and services [16] - A balanced budget is crucial, and the inability to manage government finances is demoralizing [22][23] Alternative Monetary Solutions - A proposal suggests Treasury should issue a gold-backed long-term bond to compensate for losses in purchasing power, potentially competing with assets like Bitcoin [17] - Relinking the dollar to gold could be a cost-effective way for the government to borrow and signal a move towards sound finances [19][20]
X @Bloomberg
Bloomberg· 2025-11-11 12:22
Brazil’s central bank said it’s more assured that keeping the interest rate at a nearly two-decade high will slow inflation as the local economy cools https://t.co/ZOvLw1TsTa ...
Prices are steadying and wages are climbing, new DoorDash report shows
Fox Business· 2025-11-11 12:21
Core Insights - The DoorDash report indicates that American families are adapting to rising prices by spending more wisely, while small businesses are stabilizing and wages are increasing, allowing paychecks to stretch further [1][15]. Group 1: Economic Indicators - The "State of Local Commerce" report is based on millions of DoorDash transactions, providing insights into shifts in the U.S. economy [1]. - DoorDash analyzed affordability trends using three key measures: the Everyday Essentials Index, the Cheeseburger Index, and the Breakfast Basics Index, which reflect price changes across household goods, restaurant meals, and groceries [2]. Group 2: Price Trends - The Everyday Essentials Index shows that the average cost of household staples has remained largely flat over the past year, while fast-casual dining costs have slightly increased [5]. - The Cheeseburger Index indicates a 3.8% increase in the cost of a classic meal, rising from $17.90 to $18.58 nationally, with significant city-to-city variations [6]. - The Breakfast Basics Index revealed a 14% price drop from March to September, primarily due to falling egg prices, although the national index has only decreased by 1.7% over the past year [9]. Group 3: Wage Growth - Since early 2024, wages have been rising faster than restaurant prices, particularly in Port St. Lucie, Florida, where wages increased by 6.1%, and Madison, Wisconsin, where they rose by 4.1% [15]. Group 4: Data Interpretation - DoorDash aims to make complex price data relatable through its indexes, allowing consumers to better understand affordability and price trends in everyday life [13][14]. - The variation in price trends from city to city highlights the complexity of the economic landscape, as noted by DoorDash's chief analytics officer [10].
X @Bloomberg
Bloomberg· 2025-11-11 12:12
Brazil’s annual inflation slowed more than expected in October, as high interest rates begin to cool prices in Latin America’s biggest economy https://t.co/KzJIiQV2gr ...
Steve Rattner: Trump can talk about a con job but the public not happy with his handling of economy
MSNBC· 2025-11-11 12:07
It was a conj job. Affordability, they call it, was a conjob by the by the Democrats. The Democrats are good at a few things.Cheating on elections and conning people with facts that aren't true. They said, "Oh, I don't want to talk about affordability." The reason I don't want to talk about affordability is because everybody knows that it's far less expensive under Trump than it was under Sleepy Joe Biden. And the prices are way down.As President Trump on Friday, calling the Democratic Party's focus on affo ...
“A Gatsby party while you starve”: The Weeknight responds to Trump’s lavish parties
MSNBC· 2025-11-11 03:23
The president just keeps throwing extravagant parties in Mara Lago. On Friday, Trump rolled out the red carpet at his Palm Beach Club for an opera and truffle rager. That's according to the Daily Beast.They featured a CPAC ice sculpture covered in enough shellfish to feed a small army, a lavish dinner menu featuring pan seared scallops and truffle potatoes. Do y'all know how much truffle costs. And an exclusive opera performance.This is u truffle is not cheap. Have you ever had truffle. Truffle is not cheap ...
美国消费者脉搏调查:消费者显现疲软迹象-Thematic Alpha-US Consumer Pulse Survey Consumer Showing Signs of Weakening
2025-11-11 02:47
Consumer confidence in the economy and household finances has weakened as the government shutdown weighs on consumers and SNAP benefits are impacted. Consumers' near term spending plans have weakened modestly. Concern over the political environment is growing. November 10, 2025 05:00 AM GMT Thematic Alpha | North America US Consumer Pulse Survey: Consumer Showing Signs of Weakening M Morgan Stanley does and seeks to do business with companies covered in Morgan Stanley Research. As a result, investors should ...
X @Bloomberg
Bloomberg· 2025-11-10 23:45
Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures https://t.co/1kI5ARmdtZ ...
What End to Government Shutdown Means for FOMC & Markets
Youtube· 2025-11-10 23:00
Joining us now is Kathy Jones, chief fair fix income strategist at Schwab Center for Financial Research. Thanks so much for joining us for this Monday, Kathy. Um, so obviously we're tracking these developments around the potential for this end to the government shutdown.Now, what are you seeing as far as the reaction in fixed income today. >> Well, we're starting to see yields move up a little bit because, you know, ending the shutdown means you pick up in economic activity. Some of the some of the things t ...
X @Anthony Pompliano 🌪
Anthony Pompliano 🌪· 2025-11-10 22:59
Truflation being accepted and displayed on Bloomberg Terminals feels like a seminal moment.Everyone knows the legacy government data is inaccurate, but no one wants to explicitly say it.Including the alternative, real-time data is next best thing for incumbents to do.Truflation (@truflation):We are proud to announce that Truflation’s U.S. Inflation and Truflation PCE Indexes are now officially displayed on @Bloomberg’s solution for alternative economic index worksheets on the Bloomberg Terminal, which is tr ...