Hershey’s Breath Saver mints and the U.S. Mint have both contributed to the coin shortages problems that the Federal Reserve is trying to solve.
When millions of jobless individuals cannot pay the rent, they initiate a ripple of nonpayments that touches many people and businesses.
Because of a wonderful orange juice scam in “Trading Places,” the Eddie Murphy Rule wound up in the 2010 Dodd-Frank financial regulation act.
Although the BLS reports the CPI (Consumer Price Index) inflation rate each month, our own household could see different price changes.
Although going cashless seems to be a trend, we are printing more $100 bills for people in the U.S.and elsewhere in the world.
Like Mark Twain saying, “The reports of my death have been greatly exaggerated,” non-cash payments have not eliminated currency.
With the cost of yesterday’s Memorial Day BBQ almost the same as last year, the Fed has minimal inflation evidence on which to base its next rate hike.
A yardstick that combines inflation and unemployment, the Misery Index is a handy way to assess economic happiness but like all statistics, it has defects.
Usually Federal Reserve interest rate hikes should control inflation but now it is mysteriously missing, even with low unemployment.