It’s a sad day. Paul Adolph Volcker, the last honest chairman of the Fed, has just passed away. America certainly needed more men like him.
Is the American economy in the late stages of a boom? We’re seeing negative interest rates, mounting debt, and sinking consumer confidence.
It’s a controversial question: can the government do enough to influence the economy? If history is any indication, they often get it wrong.
Need to fund more government spending? The easiest way is to increase debt by printing more money. But is this a recipe for disaster?
Central banks are treating money as if it grows on trees. They are obsessed about lowering interest rates and raising debt levels, with dire consequences…
America used to be brave, innovative and great. Sadly, its downward slide is accelerating. Here’s why we’re paying the price…
Have you ever heard of Executive Order 6102? Most people haven’t, but it’s one of the most profound mistakes in American history.
It doesn’t really matter whether you vote Republican or Democrat. There’s no escaping the mounting debt burden that America is now facing.
The Nobel Prize receives a great deal of press and attention. But is it really all that it’s cracked up to be? Here’s why this year’s winners are overrated.
The Fed is injecting money into the system as part of its ‘reserve management’ programme; it began this week with $7.5 billion.
The feds had their funny money; they weren’t going to give it up. And they weren’t going to back off from any of their spending.
Warren Buffett says you can never go right by betting against a US business. But so far this century, that bet has been a winner.
Too much inflation and price instability becomes unmanageable. It feeds on itself to erode economic confidence.
The good news is that if inflation is what they want, inflation is what they’ll get. But not necessarily the tame, friendly, housebroken inflation.