As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for...
U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden Administration Blames Inflation on Corporate Greed, Monopolistic Behavior America is dealing with the worst inflation in over four decades and the White House thinks that tougher anti-monopoly policy could fix the situation.....
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On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less powerful. Now critics like JPMorgan Chase CEO Jamie Dimon and American economist Larry Summers have blasted the Biden administration because they expect inflation to grow “considerably higher.” Americans Watch Purchasing Power Sink While Analysts Suspect Even More Inflation on the....
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession. White House Dismisses Recession Concerns White House Chief of Staff Ron Klain, President Joe Biden’s top aide, shared his economic outlook in an interview with MSNBC Thursday. He said: We are not in a recession … Unemployment claims remain at a historical low … The economy is growing. It is strong.....
For decades, the White House has represented the people of the United States and our democratic values. Until now, the public could only dream of owning a physical White House replica for their home. But now, you can own a piece of history—and home decor—via an NFT, powered by Next Earth. Who Owns a Piece […]
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “has done the work” to fix the inflation issue. Joe Biden Believes the U.S. Economy Is ‘Strong as Hell’ President Joe Biden was criticized on social media Monday for stating over the weekend that the U.S. economy is “strong as hell.” Responding to a reporter’s question Saturday about whether he had any worry about the strength of the U.S.....
The White House is stepping in. Started at the bottom, now we’re “a matter of national security.” According to Barrons and Bloomberg, the Biden administration is putting itself in the middle of cryptocurrencies and Bitcoin regulation. Apparently, the White House will get input from several agencies and then draft a centralized all-encompassing policy. It’s “a […]