Inflation

Biden Announces That Student Loans Will Be Forgiven Up To $20,000- Here’s How

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Biden forgives millions of student loans; critics fear inflation – Reuters President Joe Biden said on Wednesday the U.S. government would forgive student loans for millions of debt-saddled former college students, keeping a pledge he made in the 2020 campaign for the White House. Biden announced Wednesday that he would cancel $10,000 of federal student loan debt for certain borrowers making less than $125,000 per year, and up to $20,000 for Pell Grant recipients. Biden …

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Eight Police Officers Killed In Anti-Government Riots

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Eight police officers and two-dozen civilians were killed during violent anti-government protests in Sierra Leone on Wednesday, the country’s youth minister said. The officers, six men and two women, were “brutalized” and killed in the area where the protests held on Wednesday, youth minister Mohamed Orman Bangura said. Hundreds of protesters took to the streets of the capital Freetown on Wednesday, protesting inflation and the rising cost of living in the West African country. The protests grew …

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Fighting Inflation with price controls. It’s Genius!

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Article by Simon Black of Sovereign Man (republished with permission) May 18, 2022 One of the most repeated lessons we see over and over again throughout human history is that bumbling politicians almost invariably try to ‘fix’ inflation with price controls. Emperor Diocletian famously imposed strict price controls across the Roman Empire in 301 AD to fight off inflation that had resulted from a massive debasement of the Roman currency. Naturally, Diocletian’s price controls weren’t …

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Food Prices Skyrocket as Fears Grow

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(InformingNews.com) – Prices at the grocery store have been steadily rising. While many Americans may see the increases as merely frustrating, people elsewhere in the world are at risk of a severe crisis. The United Nations Food and Agriculture Organization’s global index shows an increase in food prices, with figures at their highest since 2011. The USDA’s Consumer Price Index for Food report in January 2022 showed the total rise in food costs at the …

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