- On Tuesday, data from the Bureau of Labor Statistics showed that its metric for auto insurance, which covers physical damage, liability, and miscellaneous insurance coverage for private passenger vehicles, increased 20.6% over the past year...
- Meanwhile, a study from S&P Global Market Intelligence found that homeowners' insurance jumped 11.3% in 2023...
- In some of the highest-risk areas, insurance companies have even stopped providing their services altogether...
Important stuff you won't get from the liberal media! We do the surfing so you can be informed AND have a life!
Saturday, March 16, 2024
Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly UNINSURABLE!
Troublesomely high inflation rates may have an overlooked metric at their source: soaring insurance costs.“Insurance of various different kinds — housing insurance, but also automobile insurance, and things like that — that’s been a significant source of inflation over the last few years,” he said.
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