Poisoning the US Dollar
A friend wrote to caution us. It is way too soon to write an obituary for the US dollar, he said.He is right, of course. We are now headed into a period of depression, political…
The Feds’ Next Scam: Digital Money
Soon, everyone will see that the US feds are acting like the people who run sh*thole countries. They stifle the economy with laws and regulations — shutdowns, moratoria on evictions, $1,200 cheques for everyone…
When to Fix the Roof: The Money Printing Goes On
Eight million people lost their jobs in the crisis of 2008–09. And while the economy recovered over the following decade, the feds never had the brains or guts to return monetary policy to ‘normal’.
Final Scene in the Fed’s Fantastic Farce
Now, the fake money system is a racket. Why bother to borrow when you can print? Our prediction for today: It won’t be too long before the US dollar itself is left behind (although we’re…
The World Left Behind
What if the world we knew has been left behind…abandoned…forgotten, like an old car in a junkyard? If the economy were to re-absorb these people at the same rate it did after the last crisis,…
Millions Will Be Left Behind in the New Economy
‘It feels like the world has changed so much. Just in the last six months. We’ll get home; but it won’t feel like home anymore.’ Thus spake the distaff half of the household, looking ahead to November. We’ve been holed up here in the Calchaquí Valley in Argentina for the last six months. We’re now … Read More
Another Big Step down
This year, the disappointment intensified…with two of the most boneheaded decisions in government history crowded into the space of just 30 days. First, the feds shut down the source of real wealth for 90% of…
21st Century Bummer — Bigger Deficits and More Money Printing
Even before the coronavirus pandemic hit this year, the Fed had the presses running hot in its ‘Repo Madness’ program — in effect, it printed the money needed to fund the Trump administration’s deficits…
How the World Got So Screwed Up — The US Stock Market Spectacle
Today, the US stock market no longer reflects an intelligent, price-sensitive allocation of capital or a wise use of Americans’ savings. It, like the US politics behind it, has become a delirious, bawdy spectacle paid…
Coming Soon: A Counterfeit Economy
We’re entering a new phase. Up until now, the Federal Reserve was backstopping Wall Street. This created a huge shift in wealth from average people — with few financial assets — to the ‘rich’, who…