Category: US
Why Both Political Parties Favour Inflation
The Fed lowers rates. More money flows into asset prices. People think their stocks are worth more. But they are probably less valuable.
Inflation Has Distorted The US Markets
What kind of capitalism is it when the capitalists drive up their share prices rather than producing goods and services that they can sell at a profit?
The Federal Reserve Will Inflate the Economy Further
The Fed has to inflate the financial sector with more cheap credit, or the boom will die.
The Markets Have Been Censored by the Feds
The money is fake. Interest rates are artificial. Prices are fraudulent. And today, the price signals are worthless.
America’s Fake Money Will Get More Fake
The guardians of the world’s most important measures of value said they would lend more fake money at even fakier interest rates.
Trump’s Trade War: Just More Swamp Food
Politics got a boost with the election of Donald J Trump. Before his administration took over, trade was very low on the feds’ agenda.
The Financial World’s Most Popular Delusion
Short-term finance is great for short-term speculators. But it is bad for business. You can’t build a real, prosperous economy with overnight money.
The Fed Prepares for Mistake #3
Setting artificially low interest rates made the downtrend worse. Growth slowed further. The Swamp deepened. The empire grew bigger and more corrupt.
Americans Are Losing the Only Fight Worth Having
Like every other government programme, military spending is maybe one part real defence and three parts humbug and bamboozle…
War Is the Health of The Deep State
War is the ultimate win-lose enterprise. One side wins; the other loses. Overall, people die, buildings are blown up, and real wealth is destroyed.
The Extinction of the Fiscal Conservative
The Democrats were early adopters of the ‘deficits don’t matter’ flapdoodle. Once in power, Republicans found it useful, too.
The American Bolsheviks Are Coming…
Politics is the enemy of civilisation. It is the enemy, too, of economic progress. Most important, it is the enemy of dignity and clear thinking.
How Hot Money Put America in Hot Water
Hot money is only useful for speculators. They can use it to take leveraged positions in stocks and bonds — where they know they can unload them and get out at a moment’s notice.
The Real Source of Wealth Inequality…
Buying stocks or houses may have been a good plan for 1982. And maybe even 2002. But for 2019? Is the pattern of the last 30 years likely to continue?
How $30 Trillion Disappears…
Wall Street and Main Street haven’t seen eye to eye for a long time. Now, they practically no longer talk to each other. Here’s why.