January Inflation Spikes to 2.49%
The U.S. Bureau of Labor Statistics (BLS) released its January Inflation report on February 13th, 2020, for the 12 months through the end of January 2020. Annual Inflation Jumps Up Again Annual...
View ArticleHow the FED Controls the Money Supply
When the government spends more money than it receives in taxes it has a “deficit” situation. In order to deal with this deficit, it engages in some fancy bookkeeping. The government is made up of a...
View ArticleWhat Impact Does Interest Rates and Inflation Targets Have on Stocks?
Why is The FED’s Targeted Inflation Rate Important in the US? Since 2012, the Fed has targeted an inflation rate of 2%. They have deemed this a healthy rate of inflation, necessary for economic growth....
View ArticleFebruary Inflation Falls to 2.33%
The U.S. Bureau of Labor Statistics (BLS) released its February Inflation report on March 11th, 2020, for the 12 months through the end of February 2020. Annual Inflation Falls Annual inflation fell...
View ArticleDoes the FED Control Mortgage Rates?
For new home buyers, anything that increases the cost of the purchase (like rising mortgage interest rates) can negatively impact your ability to be able to afford your home. That is why everyone is...
View ArticleWill the $2 Trillion Covid-19 Stimulus Cause Inflation?
The current round of massive Corona Virus easing began Monday March 16th, 2020, with the FED buying $40 billion in Treasuries and then buying another $50 billion in Treasuries on Tuesday. By Thursday...
View ArticleWhat is the Federal Funds Rate?
By law banks are required to maintain a certain percentage of their assets in reserves at any given time. This money is held at the Federal Reserve bank and is called the “Reserve Requirement”....
View ArticleFed Stimulus Packages and Uncertain Inflationary Prospects
Inflation Expectations and the Massive Fed Stimulus Inflation is loosely described as a general economic state of rising prices. In February 2020, the US inflation rate dipped from a high of 2.5% in...
View ArticleMarch Inflation Crashes
The U.S. Bureau of Labor Statistics (BLS) released its March Inflation report on April 10th, 2020, for the 12 months through the end of March 2020. Annual Inflation Down Sharply Inflation fell sharply...
View ArticleWhat are Central Banks?
History of Central Banking Like everyone, kings like to spend money, whether it is to wage war or to build palaces, but they often didn’t have all the money they “needed”, so they had to borrow it. To...
View ArticleMay Inflation “Astonishingly Low”
The Bureau of Labor Statistics Released the Inflation Data for the 12 months ending in May on June 10th. Inflation is virtually ZERO at 0.12%. Annual Inflation Retreats Annual Inflation fell again to...
View ArticleInflation Quintuples… Still Below 1%
Annual Inflation Rebounds Annual Inflation rose to 0.65%. CPI Index rose from 256.394 in May to 257.797 in June. Monthly Inflation for June was 0.55%, May was 0.002%, April was -0.67%, March was...
View ArticleAugust Inflation Rises
Annual Inflation Increases to 1.31% Annual Inflation rose from 0.12% in May to 1.31% in August. CPI Index rose to 259.918 in August. Monthly Inflation for August was 0.32%, July was 0.51%, June was...
View ArticleA Better Understanding of How IRS Audits Work
As an American citizen, you’re always in fear of making a mathematical error when you’re filing your taxes unless you’ve got a professional doing it for you. This feeling of fear can become a lot...
View ArticleAnnual Inflation in October is 1.18%
Inflation Summary: Annual Inflation fell from 1.37% in September to 1.18% in October. CPI Index rose slightly from 260.280 in September to 260.388 in October. Monthly Inflation for September was 0.14%...
View ArticleNovember Inflation Virtually Flat
Inflation Summary: Annual Inflation was virtually unchanged from 1.18% in October to 1.17% in November. CPI Index fell slightly from 260.388 in October to 260.229 in November. Monthly Inflation for...
View ArticleDecember Inflation Up Slightly
Inflation Summary: Annual Inflation up from 1.17% in November to 1.36% in December. CPI Index rose slightly from 260.229 in November to 260.474 in December. Monthly Inflation for December was 0.09%,...
View ArticleMarch Inflation Skyrockets
Inflation Summary: Annual Inflation up from 1.68% in February to 2.62% in March. CPI Index rose slightly from 263.014 in February to 264.877 in March. Monthly Inflation for February was 0.55% and March...
View ArticleApril Inflation More than Double FED Target
Inflation Summary: Annual Inflation up sharply from 2.62% in March to 4.16% in April. CPI Index rose massively from 264.877 in March to 267.054 in April. Monthly Inflation for March was 0.71% and for...
View ArticleMay’s Annual Inflation Soars to ~5%
Inflation Summary: Annual Inflation up sharply to ~5% (actually 4.99%) CPI Index rose from 267.054 in April to 269.195 in May. Monthly Inflation for April was 0.82% and 0.80% in May. We have to go back...
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