The CPI Is Underrepresenting Food Inflation By 40%: Here’s The Proof

Managed Futures
From Zero Hedge May 2019: The “muzzle” on reported inflation has policymakers and analysts perplexed. As Joseph Carson, former director of economic research at Alliance Bernstein writes in his follow up to a “New Working Theory on Inflation“, numerous economic explanations and theories have been offered, and policymakers are considering making changes to their operating price-targeting framework. Yet, before any… Read More

$100,000 Per Year Is Now The Bare Minimum To Live Alone In New York

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From Zero Hedge August 2019: It’s getting extremely difficult to live in New York if you’re making less than six figures, according to a new analysis from Bloomberg. The impact is being felt by those who live alone and it’s taking place in areas that were previously seen as affordable. Solo renters in popular Brooklyn neighborhoods like Prospect Heights, Brooklyn Heights and… Read More