Sleepwalking Into the Abyss in 2022
What would be truly optimistic would be to surrender our dependence on asset bubbles and malinvested debt to prop up an unstable delusion of effortless “wealth”…
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Trapped!
Kill authentic price discovery, you also kill markets, and in killing markets, you kill allocation of capital and risk management, and in killing those, you kill the economy…
Continue readingHow Markets Turn Lousy Products into Great Ones
A true meritocracy does not rely on party loyalty, idealism, or fear to function. It only needs…
Continue readingThe Fed Fuels IPO Folly
Doordash and Airbnb go public with successful IPO, despite never making a profit…
Continue readingDeflation Doesn’t Undo the Problems Caused by Past Inflation
Freeing the economy from central bank interference with interest rates and money supply will arrest the process of wealth destruction. This is going to…
Continue readingThe Trillion-Dollar F-35 Fighter Program Does Not Make Americans Safer
This program was created as a “too big to fail” scheme where once the government starts the process of making these fighter jets, they will…
Continue readingPrinting Money at a “Constant” or “Stable” Rate Won’t Prevent Boom-Bust Cycles
A pure gold standard is immune from boom-bust cycles, since on the pure gold standard an increase in the money supply does not trigger an…
Continue readingINSANITY: Massive Diesel Engines Used To Balance Australia’s Renewable Energy Fiasco
How does Australia deal with the terrible and chaotic intermittency problem in its renewable electric grid? How about with massive diesel engines used to…
Continue readingBoom-Bust Cycles, Easy Money, And The Gold Standard
Would the gold standard contribute to boom-bust cycles like the ones we see today as the result of printing money out of thin air? Here’s some insight…
Continue readingThe Crisis Of Capital
These three dynamics render capital increasingly vulnerable to catastrophic losses as backstops and distorted markets fail…
Continue readingThe Four Horsemen Of The Economy Portend A Painful Reckoning
The economic drivers of growth, and specifically, the “four horsemen” indicators, are all signaling a painful reckoning ahead. Here are the details…
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