Government “Stimulus” Schemes Fail Because Demand Does Not Create Supply
Most commentators believe that through fiscal and monetary stimulus, government can prevent the US economy falling into…
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COVID Bailouts Have Nothing to Do With COVID (That’s Good For Gold)
Pandemic altruism or pandemic scapegoat, the debt reality facing the world in general or the U.S. in particular suggests that…
Continue readingThe Covid Stimulus Isn’t Like Other Stimulus. It’s Much Bigger.
When it comes to policy debates, it’s now pretty clear that if you’d like to sound very quaint and old-fashioned, be sure to…
Continue readingSavings Are the Foundation of Economic Growth
In the real world, one has to become a producer before one can demand goods and services…
Continue readingGovernment “Stimulus” Keeps Having a Diminishing Effect
The diminishing effect of the stimulus is not just staggering, but the increasingly short impact of these programs is alarming…
Continue readingDebt & Sentiment: Hardcore Gold Bugs Should Be More Concerned About Their Fiat Money Than A Possible Small Gold Rally
If gold bugs have struggled to make consistent profits in the market, it’s because of…
Continue readingThe Stimulus Boom Is Already Over: Now Comes Stagnation
Cheap money, increased public intervention, and massive stimulus plans have not worked as…
Continue readingThe G7’s Reckless Commitment To Mounting Debt
The G7 meeting agreements were light on detailed economic decisions, except on the most damaging of them all…
Continue readingIncreasingly Chaotic Volatility Ahead: The New Normal Few Think Possible
That the era of stability has ended and a new era of increasingly chaotic volatility has begun is not on anyone’s radar as a possibility…
Continue readingWhat Will You Do When Inflation Forces U.S. Households To Spend 40 Percent Or More Of Their Incomes On Food?
People loved it when the federal government started sending out big, fat stimulus checks, but you aren’t going to love it when a cart of food costs you $400…
Continue readingWill Biden Build Back Better…Gold?
Biden’s plan is fundamentally positive for the yellow metal. After all, Biden wants to further increase…
Continue readingIs Inflation Or Deflation Coming?
Any argument for extreme inflation will have to say, in essence, “yes, but it’s coming”. Is it?
Continue readingThe “Wait and See” Economy’s Moment of Truth
The “wait and see” economy is about to face its moment of truth, and one truth is the $1.8 trillion being passed out like candy is already spent…
Continue readingSo This Is How The U.S. Dollar Dies…
Our leaders are killing the U.S. dollar, and it is being done to thunderous applause…
Continue readingEVERYBODY’S BULLISH: Stock Market “Sell The News” Event Coming As House Passes Latest Fiscal Stimulus Package?
GameStop and the other meme stocks have already run up in anticipation of the House passing the $1.9 trillion stimulus bill, however…
Continue readingNext Stimulus To Underwhelm? Has The Stock Market Priced-In Less Free Money From Uncle Joe?
Has the market priced-in what is, as of right now, less money going to exactly the people who would be gambling with it in the rigged casino?
Continue readingStimulus Update: Make $75,000 Or Less And Get A Handout Of Free Money From Uncle Joe, But Make $80,000 And It’s No Soup For You!
Handing out free money is apparently going out of style. That said, make $75,000 in West Virginia, and you’re probably living okay, but make $80,000 in…
Continue readingWell This Action In The Markets Looks Disturbingly Familiar
If history is repeating, a few more days of this and the federal government will feel obligated to intervene. But how exactly does it fix an…
Continue readingMOAR! Nearly Everyone In Washington Seems To Agree That More Money Will Fix The Economy
In addition to the 1.9 trillion dollar package that Biden has already proposed, Democrats in Congress are now pushing monthly direct payments to…
Continue readingWhat’s To Come In The US: UK Going To Use “Stimulative” Negative Interest Rate Policy In 6 Months?
Back in January, the Bank of England tried to warm people up to negative interest rate policy (NIRP) claiming that it is “stimulative” to the economy…
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