Why WOLF STREET Won’t Hide Behind Paywall and Ad-Blocker Blockers: Dear Readers, Please Donate by Wolf Richter • Nov 14, 2021 • 117 Comments It’s a rough business, but I love being in it, and your donations make it work.
Inflation Becomes a Political Bitch for Democrats as People’s Mood Sours amid Biggest Fed-Fueled Boom for the Wealthy by Wolf Richter • Nov 14, 2021 • 254 Comments Time to nominate some hawks to the Fed’s Board of Governors.
Car & Truck Insanity, Hamster Wheel of Work & Inflation, Do Price Controls Work? And Wading into Commercial Real Estate by Wolf Richter • Nov 13, 2021 • 102 Comments And much more. Wolf Richter on This Week in Money.
The Power of Labor: Record Churn & Quits among Workers as Employers Desperate to Fill Huge Number of Job Openings by Wolf Richter • Nov 12, 2021 • 195 Comments Millions of people are still watching this spectacle from the sidelines.
Status of Social Security and the Trust Fund, Fiscal 2021: Beware of Vicious Dog by Wolf Richter • Nov 11, 2021 • 141 Comments Biggest COLA since 1982 already eaten up by inflation.
Dollar Purchasing Power Plunges. Inflation +6.2%. For Urban Wage Earners +6.9%, Highest in 40 years, Most Monstrously Overstimulated Economy Ever. by Wolf Richter • Nov 10, 2021 • 251 Comments Fed still printing money & repressing “real” interest rates to -6%, new vehicle prices spike by most since 1975, housing CPI jumps, food & energy soar.
State of the American Debt Slaves: Foreclosure Bans, Forbearance, Delinquencies & Soaring Prices of Everything by Wolf Richter • Nov 9, 2021 • 111 Comments Home-price explosion pumps up mortgage debt.
Further up the Producer Price Pipeline, Inflation Rages at over 20%, Heading for Consumers by Wolf Richter • Nov 9, 2021 • 85 Comments Massive price increases now building up in the pipeline.
Americans Blow Off Fed Propaganda Inflation is “Temporary” by Wolf Richter • Nov 8, 2021 • 195 Comments Inflation expectations are now totally unanchored.
Used Vehicle Wholesale Prices Spiked by the Most Ever. Retail Prices to Follow by Wolf Richter • Nov 8, 2021 • 58 Comments Powered by the inflationary mindset, consumers pay whatever, and dealers aggressively bid up prices, confident that consumers will pay whatever.