Following a 0.93 percent rise in January 2023, the Everyday Price Index (EPI) rose 0.67 percent in February 2023. At 282.6 (1987 = 100), AIER’s EPI is at its highest level since July 2022 (285.4). Among the EPI constituents,...
The Company Testing Air in East Palestine Homes Was Hired by Norfolk Southern. Experts Say That Testing Isn’t Enough.by Sharon LernerProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this...
Why SVB and Signature Bank failed so fast – and the US banking crisis isn’t over yet
Signature Bank collapsed at...
President Biden unveiled a budget plan and new tax policy initiatives for 2024. These initiatives are apparently part of a political battle with Republicans who say they intend to limit the $31.4 trillion increase in government borrowing if the...
Five teenagers were honored last week for completing life skills training and goal-setting exercises through Project Imagine. The program steers youths away from gang activity, and instead focusing on goals such as having no contact with law enforcement, improving...
Despite common assertions to the contrary, government spending does not necessarily cause inflation. Whether it does so depends on the willingness of the monetary authority to help finance the government spending by printing money.
Inflationary finance, or seigniorage, can be...
