Inflation

O’Donnell: It’s costly to live in Colorado—and now we top the charts in personal debt

Commentary, National, Rocky Mountain Voice, State, Top Stories / / , , , ,

Since 2021, inflation has been higher in Colorado than in any other state, mostly because of the cost of owning or renting a home. But this is also because the state legislature enjoys imposing new fees (you aren’t allowed to call them taxes) on seemingly anything they can think of.

Colorado residents may not, however, realize that because it is now so expensive to live in the state, Coloradans owe more money in mortgages, auto loans, credit cards, student loans and other consumer obligations than residents of ANY other state.

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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation

Fox Business, National / / , , ,

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess uncertainty around inflation and economic conditions in light of federal policy shifts.

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House Bill 1208: Price controls for a minimum wage mistake

State, completecolorado.com / / , ,

What happens when the price of eggs soars? People buy fewer eggs and start looking for substitutes. What would happen if, say, government set a $10 minimum price on a dozen eggs, higher than the usual price in stores these days? People would buy fewer eggs, yet producers would want to sell all the eggs they could. Some eggs would sit around unpurchased.

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