Money Supply Growth In October Fell To A 39-Month Low: A Recession Is Now Almost Guaranteed
Market interest rates have headed upward, money supply growth has decelerated, and economic pain is…
Continue readingRyan McMaken
The Housing Boom Is Already Over: Get Ready for Even Higher Prices
Not even the runaway money printing of the past two years has been enough to bring home construction back to what was more normal before the…
Continue readingThe Number of Employed Workers Fell in October and Price Inflation Continues to Outpace Wages
All of this combines to suggest that households are facing some real struggles in terms of dealing with rising expenses, and the need for…
Continue readingPowell Admits The Fed Is Failing On Inflation, And Promises More Rate Hikes
Powell increasingly appears to be a man increasingly coming to the realization that an economic bust is inevitable, although Powell will never admit that the Fed’s…
Continue readingThis Is Why The Yield Curve Just Inverted, Signaling A Coming Recession
How much longer the Fed can stomach its current tightening before it capitulates, “pivots” back to easy money, and attempts to avoid a serious downturn?
Continue readingWe’re Getting Poorer: Price Inflation Grew Faster Than Wages Again In September
Americans have lost an immense amount of purchasing power…
Continue readingIn Latest Recession Signal, Money-Supply Growth Plummeted to a Three-Year Low in August
When the money supply grows at a high rate, we are in a “boom” period, but when the banking system contracts and money supply growth decelerates…
Continue readingThe Fed Is Finally Seeing the Magnitude of the Mess It Created
Thanks to Powell’s mistakes, price inflation is supercharged, and even he admits it could take years of economic stagnation or decline to…
Continue readingCentral Bankers Are Gaslighting Us about the “Strong Dollar”
Talk of a “strong dollar” is often quickly followed by calls for devaluation, and it is unlikely to be any different this time…
Continue readingAugust’s Price Inflation Soared, And That Means Earnings Fell Yet Again
Wall Street is hoping that bad news on the employment front will force the Fed to ease again, and with easy money comes…
Continue readingAfter Secession, What Happens to the National Debt?
What happens to the debts depends not only on negotiations between the successor states, but also on…
Continue readingThe Fed Just Got Rid of Forward Guidance Because It’s Making It Up as It Goes
Ultimately, it’s all just more tinkering, and what the Fed should be doing is…
Continue readingU.S. Treasury Secretary Yellen: “Recession” Doesn’t Mean What You Think It Means
Yellen wants to keep the word “recession” out of the headlines, but if wages continue to fall behind inflation, and if…
Continue readingHow the World Embraced Nationalism, and Why It’s Not Going Away Soon
Nationalism still appears to have a lot of life left in it…
Continue readingInflation Hits 9.1% After Months Of Empty Talk At The Fed
The Biden Administration and the Fed are likely to keep touting the job numbers with increasing desperation in an effort to convince people that the economy…
Continue readingWhat Will It Take to End Rampant Home-Price Inflation?
Real deflation, both monetary inflation and price inflation, is necessary, and that can only be accomplished if…
Continue readingThe Fed Is Winging It: A 75 Basis-Point Hike “Seemed Like the Right Thing”
If the Fed continues as it’s going, we’ll need to get used to declining real wages and…
Continue readingDebt-Fueled Demand and Oil Price Inflation Brings Airfares Roaring Back
It’s all just one more way that the cost of living for ordinary Americans is…
Continue readingDon’t Be Fooled: The World’s Central Bankers Still Love Inflation
It’s important for central bankers to sound hawkish, even if their actual policy moves are extremely…
Continue readingInflation Up, Wages Down as Biden Passes the Buck to the Do-Nothing Fed
Inflation is so high in America that we’re now supposed to believe that inflation is “moderating” if it doesn’t go above 8.5 percent. That, at least, was…
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