As we all know, inflation has climbed higher than expected in the last year. The Consumer Price Index (CPI) spiked to an annual rate of 9.1% in June of last year, the largest monthly increase in over 40 years. While the CPI has come down considerably since the peak in the summer of 2022, it…
Note from AOA: “Keep in mind that the following article also applies to tenant welfare, (i.e. rent control), moratoriums and other disgusting things that politicians pass to punish rental housing owners.” Today, we turn our heads, looking back…trying to learn from our experience in Argentina. But we begin by noticing changes in America. TIME Magazine,…
The economy’s weak summer performance reflected a big slowdown in consumer spending as a spike in COVID-19 cases from the delta variant caused consumers to grow more cautious, and snarled supply chains made items such as new cars hard to get and also contributed to a burst of inflation to levels not seen in three…
There is a growing debate in financial circles over whether the U.S. Federal Reserve should move to a negative interest rate policy in an effort to stimulate the economy during the coronavirus crisis. Even President Trump has said more than once that he favors negative interest rates and considers them a “gift.” Yet Federal Reserve…