Inflation Kills Subway’s $5 Footlong Subway’s “five...five dollar...five dollar footlong” song seems to be outdated—the footlong is no longer five dollars. Yes, it’s time to erase that jingle from our memory for good. Citing U.S. inflation as the reason, Subway is hiking the price of its iconic footlong…
The eurozone will see greater challenges in 2016, forcing the euro to dollar outlook lower, especially if the European Central Bank (ECB) remains satisfied with its current monetary policy. However, it will need to extend its expansion plan to purchase bonds again in September 2016. This is because…
Inflation is Rampant, Says Marc Faber Not only did inflation create a massive stock market bubble, but the coming hyperinflation will decimate the purchasing power of ordinary Americans. Paper money is bleeding value and investors will soon be clamouring for the safety of gold and silver. At least,…
Soaring inflation in Venezuela has left the country’s currency virtually worthless, leaving the troubled nation on the verge of economic collapse. But while economists try to describe the nation’s turmoil with facts and statistics, the story of Venezuela's struggles was perhaps summed up best in a Reddit forum.…
Former Texas Republican Congressman and three-time Republican presidential nominee Ron Paul discusses the latest inflation numbers in June, as well as the likelihood of a rate hike. (Source: Inflation On The Rise, last accessed July 16, 2015.) In June, the Purchasing Managers Index (PMI), a leading indicator of…
Peter Schiff believes a hyperinflationary environment caused by the Federal Reserve’s easy money policies will lead to gold prices going astronomically higher. (Source: Is Gold Heading to $13,000?, last accessed July 13, 2015.) After the financial crisis in 2008, the Federal Reserve lowered interest rates to near zero in…