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dwindles to another record low fed is getting its wish it has so the latest data shows the durable goods inflation is that 3.3 percent food inflation has a 3.4 percent and the consumer price index rues 1.7 percent in february from a year earlier the fastest year over year increase in 12 months right and the government is claiming that in 2020 the inflation rate was approximately 1.6 percent and they are estimating that for 2021 the official rate of inflation will be about 2 and a quarter per cent now if we were to look at the way inflation was calculated just 20 years ago without a l...

a struggle to bring in quote unquote minimum wage to create. livable wages the clearly those wages are not are not expanding so that quality of life in america in aggregate because of the money printing which reduces purchasing power is causing the standard of living in america to go down debt is irrefutable and anyone who debates that is not looking at these very same and clear numbers yet we're going to look at that chart you mention from wall street dot com that comes from data pulled from the bureau of labor statistics which shows that decline in the purchasing power of the dolla...

a quarter percent now if we were to look at the way inflation was calculated just 20 years ago without a lot of the what are called donek adjustments. what we find is that the actual rate of inflation is over 9 percent so that chart from wall street dot com is showing clearly that your purchasing power for the money in your pocket is losing at least 10 percent per year in purchasing power that means you if your wages are not increasing by 10 percent a year that means your standard of living is dropping and what we have united states certainly is a struggle to bring in quote unquote m...

i am max kaiser this is the kaiser reports. let's check in with stacey. well max the fed. succeeding at what it wanted to do according to this headline from wolf street dot com dollars purchasing power dwindles to another record low the fed is getting its wishes so the latest data shows that durable goods inflation is at 3.3 percent food inflation has a 3.4 percent and the consumer price index rues 1.7 percent in february from a year earlier the fastest year over year increase in 12 months re and the government is claiming that in 2020 inflation rate was approximately 1.6 percent and...

In a moment. If we zoom out, the wcld and First Trust Internet etf flat over the last month, chips and software with a bit more of a sustained rally. Pretty remarkable. The words baby steps, john, have been used in the feds long term goal of getting us back to 2. So much guessing on what the fed actually wants and is trying to do happening here and its important i think for us to stay focused on the context. We gave viewers a little bit right there. Amazon is up i think around 13 right now 9 for the week. But look at what these individual stocks and what some of these areas have done not only ...