The Economic Recovery Is Stalling: We Need Pro-Market Reforms Now
Most developed economies face a dangerous dilemma: choose to follow the path of debt stagnation or strengthen the economy to exit the crisis in…
Continue readingDaniel LaCalle
If the US Adopts Eurozone Policies, the Jobs Recovery Will Suffer
The employment recovery in the United States is as impressive as the collapse due to the lockdowns…
Continue readingThe US Dollar Collapse Is Greatly Exaggerated
This is not a year of US Dollar weakness or the end of its supremacy as reserve currency, what we are witnessing is a…
Continue readingBankruptcies Rise Despite Trillions in New Liquidity
One of the most alarming facts about this crisis is the pace at which bankruptcies are rising. Despite an $11 trillion liquidity injection and…
Continue readingThe Global Jobless Recovery
If governments don’t implement significant supply-side measures that incentivize new business creation and growth in small ones, we may find…
Continue readingTrump’s Spending Is Making The US Economic Recovery Harder, Biden Would Make It Even Worse
The magic money tree does not exist. Monetary policy is only disguising a structural and dangerous spending problem. This reckless behavior can only…
Continue readingEurope’s Bailouts Risk a Full-Blown Financial Crisis
The measures implemented by governments in the eurozone have one common denominator: a massive increase in debt from governments and..
Continue readingThe Central Bank “Bailout of Everything” Will Be a Disaster
The same time as we see the largest support plan since WWII, we are witnessing two dangerous collateral effects: the rise of zombie companies and the collapse of…
Continue readingAn “L”-Shaped Recovery Is Not an Anomaly, It Is the Norm.
If this crisis has told us anything, it’s that even the most bearish have been too optimistic…
Continue readingHow Governments Broke the Oil Market
America’s storage problems were already evident years before the COVID-19 crisis. The United States has a historic problem with the storage and…
Continue readingCentral Banks and the Next Crisis: From Deflation to Stagflation
This is a health crisis and a supply shock added to the forced shutdown of the economy. As such, policies aimed at boosting demand have…
Continue readingGovernments Can’t Fix This Economic Crisis They Caused
It is ludicrous to try to stimulate demand with printed money and public spending in a forced lockdown… by Daniel Lacalle via Mises Wire Before analyzing the emergency plans that […]
Continue readingThe Fed Panicked, And Its Rate Cut Is Making The Economy Worse
There is no lack of monetary stimulus in the economy…
Continue readingGovernments Are Using The Coronavirus To Distract From Their Own Failures
Governments are not going to disguise the real economic impact of the epidemic, rather the opposite. Aggressive shutdown measures will…
Continue readingDaniel Lacalle: Monetary Policy Puts Middle & Working Classes At Big Disadvantage, Negative Interest Rates Coming Soon To USA
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Daniel shares his thoughts on the economy and why the Fed’s current policy does not favor the middle or working class. During our discussion, Daniel…
Continue readingExpect The ECB To Use A “Climate Crisis” To Justify Their Next Stimulus Plan
The next wave of action will be the full monetization of government excess because of the so-called “climate emergency” and “green deals”. Yet governments…
Continue readingEurope’s Spending Binge Is Slowing Its Economy
The idea that governments can’t lower taxes because there is a deficit, but are free to raise all expenses even if there is a deficit…
Continue readingSocialism Is The Greatest Threat To The Environment
If we want a true alternative to fossil fuels that improves the environment, reduces emissions, and strengthens global welfare…
Continue readingPOWELL LIED: QUANTITATIVE EASING IS BACK
If we look at what is being discussed, it has nothing to do with “organic” expansion, and it looks a lot like a new repurchase program…
Continue readingThe ECB Just Cut Interest Rates, Here Is Why They Should Have Raised Them
Negative rates are likely one of the reasons behind the lackluster European growth…
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