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American Economy – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 09 Feb 2023 20:30:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png American Economy – DIGIT INFO https://www.digit.info 32 32 Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power https://www.digit.info/analyst-warns-of-banks-authority-to-confiscate-funds-decline-of-us-dollar-purchasing-power/ Thu, 09 Feb 2023 20:30:36 +0000 https://www.digit.info/2023/02/09/analyst-warns-of-banks-authority-to-confiscate-funds-decline-of-us-dollar-purchasing-power/ Read more]]> According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three cents,” her belief that central bank digital currencies (CBDCs) will […]

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Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’ https://www.digit.info/data-shows-us-consumer-prices-hit-a-40-year-high-biden-blames-inflation-on-putins-aggressive-actions/ Fri, 11 Mar 2022 05:00:56 +0000 https://www.digit.info/2022/03/11/data-shows-us-consumer-prices-hit-a-40-year-high-biden-blames-inflation-on-putins-aggressive-actions/ Read more]]> Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on 'Putin’s Aggressive Actions'Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming the inflation spike on Russia’s invasion, as he […]

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US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate https://www.digit.info/us-senators-inflation-report-says-its-only-going-to-get-worse-truflation-oracle-reveals-true-inflation-rate/ Wed, 19 Jan 2022 16:30:23 +0000 https://www.digit.info/2022/01/19/us-senators-inflation-report-says-its-only-going-to-get-worse-truflation-oracle-reveals-true-inflation-rate/ Read more]]> America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse” and he published a report on the issue and blamed excessive […]

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US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party https://www.digit.info/us-inflation-rate-jumps-highest-in-40-years-to-7-democrats-concerned-inflation-will-haunt-the-party/ Thu, 13 Jan 2022 18:30:13 +0000 https://www.digit.info/2022/01/13/us-inflation-rate-jumps-highest-in-40-years-to-7-democrats-concerned-inflation-will-haunt-the-party/ Read more]]> US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the PartyOne of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in December. This represents the largest annual jump since 1982. Federal Reserve governor Lael Brainard is set to tell congressional leaders […]

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