Joshua Scheer A slow bleed is underway—and most Americans are being told not to notice. As the U.S. dollar weakens, prices are creeping higher across everyday life: groceries, travel, fuel,…
Joshua Scheer The global economy is already reeling from the cascading effects of the U.S.-Israeli war on Iran—fuel shortages, disrupted supply chains, and a deepening energy crisis. But beneath the…
Nate Bear Don Not Panic In his televised address last night Trump said the US was going to continuing attacking Iran for another two or three weeks and would bomb…
Nate Bear Do Not Panic I posted the below tweet yesterday. It went viral. Some people got annoyed. Some said it was tedious, panicky, doomy. The author and critic Yasha…
ScheerPost Staff What began as another military escalation in the Middle East is now being framed by some economists and geopolitical analysts as something much larger: a potential turning point…
ScheerPost Staff Journalist Ben Norton lays out the brutal logic of Iran’s asymmetric counteroffensive — and the global economic catastrophe it’s already unleashing. As Norton explains, Tehran has closed the…
By Ben Norton for Geopolitical Economy Report Donald Trump has openly called for “regime change” in Iran. He has surrounded the country with what he calls a “massive armada”, and…
The firehose of affluent consumption continues to drive inflation, not the stimulus package.
Can the US central bank control inflation? Or does it want to inflate asset bubbles for the rich? Radhika Desai and Michael Hudson discuss Fed monetary policy and its implications…
The former president made it more profitable for companies to gouge us. When those cuts expire next year, we’ll have an opportunity to get our money back.
A growing number of organizations in Europe is demanding a complete overhaul of regional pharma policies in order to protect people’s health over profits
Corporate profits accounted for more than half of recent price increases. To stamp out inflation once and for all, we need to crack down on price gouging.
As a result of pandemic relief policies expiring under the Biden administration, Americans faced the largest one-year increase of poverty on record.
New fact sheets by the Poor People’s Campaign and the Institute for Policy Studies reveal disturbing data on systemic racism, poverty and inequality, ecological devastation, and militarism in every U.S.…
By Eve Ottenberg / CounterPunch As American monopolies fix prices higher and higher, the Federal Reserve bizarrely has concluded that employment is to blame for inflation. For months, Fed chairman…
