2008 vs. 2020 Part Three: Monetary Stimulus
The US Monetary Base surged nearly twice as much following the Crisis of 2008 as it did following the economic crisis caused by the Covid pandemic in 2020. Yet Inflation has
2008 vs. 2020 Part Two: Fiscal Policy
The new Macro Watch video, the second in a series, compares the Fiscal Policy Response to the Crisis of 2008 with the Fiscal Policy Response to the Crisis of 2020.
2008 vs. 2020: Crisis, Response, Recovery
The new Macro Watch video compares the US government’s policy response to the two great economic calamities of our time: the Crisis of 2008 and the economic crisis that began with Covid in
The Chips and Science Act
Today, The Chips and Science Act, authorizing a $280 billion government-funded investment in new industries and technologies, was signed into law by President Biden. The Act authorizes the largest five-year
Interview: The Perfect Storm, Part Two
My new book, The Money Revolution: How To Finance The Next American Century, calls for the US government to fund a very aggressive Investment Program targeting the Industries and Technologies of
Credit Creation, Rate Hikes and Recession Ris…
After Dollars ceased to be backed by Gold five decades ago, Credit Growth exploded and became the main driver of Economic Growth. Capitalism evolved into Creditism. This week, Macro Watch explores
Interview: The Perfect Storm, Part One
I was recently interviewed by Marco Santarelli for the Passive Real Estate Investing Podcast. The main theme running through our conversation is the perfect storm being created for the economy
Dollar Soars, Commodities Crash
The Dollar is soaring and Commodity prices are crashing. This week’s Macro Watch video discusses why these trends are likely to continue and some of the economic and investment implications if they
Lead – Lag Live Interview: Listen Now
I recently joined Michael Gayed for a live conversation on his Lead-Lag Live Twitter Spaces. This was my first time speaking with Michael and my first time on Twitter Spaces. I think
Prepare For A Very Hard Landing
For decades, the US economy has been driven by rapid Credit Growth and Asset Price Inflation. Since the Crisis of 2008, in particular, aggressive fiscal stimulus, ultra-low interest rates, and round after round
