Any politician should understand that it’s simply impossible to collect an additional $1 trillion per year over and above what are already record-high receipts…
Continue readingThe coronavirus epidemic in China just poured fentanyl in the Dow 30,000 punchbowl…
Continue readingAny so-called economic growth within the framework of loose monetary policy can only take place if the private sector manages to…
Continue readingIf you’ve been noticing that life keeps getting harder to make ends meet, you’re not imagining things…
Continue readingThe Fed will destroy the nation by widening the wealth/income inequality that is breaking down the nation’s social order…
Continue readingIn 2020, increasing monetary and fiscal stimulus will be the equivalent of spraying gasoline on a fire to extinguish it…
Continue readingThere’s an enormous amount of distortions in the farming and agriculture sectors in the US…
Continue readingThe global economy and financial system are both running on the last toxic fumes of financialization and globalization…
Continue readingWhat would make legislators adopt gold and silver as money?
Continue readingWhat are the internal contradictions that could unravel capitalism from within?
Continue readingIn the face of illness and suffering, private markets for healthcare services allegedly fail…
Continue readingGeopolitics has moved from a slow, relatively predictable chess match to rapidly evolving 3-D chess in which the rules keep changing in unpredictable ways…
Continue readingCentral banks and commercial banks provide a kind of money that does not keep its purchasing power. Most people suffer losses when holding it…
Continue readingInitially, the protesters were groups of students complaining about a raise in the Santiago subway fare, an increase of 3.75 percent or about five US cents…
Continue readingHarry Dent asks how can the same houses going up in price, decade after decade, at a rate far faster than inflation, possibly be good for the economy?
Continue readingThe reckoning is coming, and everyone who counted on “eternal growth of borrowing” to stave off the reckoning is in for a big surprise…
Continue readingHow heavily has debt’s dead weight sat upon the American economy?
Continue readingEconomists owe us accurate GDP accounting and not fanciful accounts that serve elite wealth in the financialized economy. Here’s why…
Continue readingJust because price inflation is showing up more in some assets and services than in others doesn’t mean it’s not there…
Continue readingGreeks will be forced to spend around a third of their income using electronic means…
Continue reading