Dire Consequences Without New Stimulus
If Congress fails to pass a new economic rescue bill soon, the United States is likely to experience a new severe economic downturn that could bankrupt the US financial sector
The Velocity Of Money Is Irrelevant
Although the subject of the new Macro Watch video is the irrelevance of Velocity in the 21stCentury, the video begins with a brief comment on a more urgent matter, recent
Trillions At Stake In Upcoming FOMC
A lot is riding on the Fed’s FOMC meeting next week. One misstep could send asset prices crashing. The new Macro Watch video discusses the factors that make this FOMC meeting
Interview: Melt Up or Melt Down?
I was recently interviewed by Cris Sheridan for Financial Sense Newshour. This was a succinct conversation that addressed many of the issues that most concern investors and the general public
Interview: Did Greenspan Lie To Me?
In January 2017, Bill Bonner, founder of Agora Financial, organized a roundtable discussion with Alan Greenspan in the hot seat. I was one of a dozen participants invited to ask Chairman
The Biden Plan For R&D
Joe Biden has announced a plan for the government to invest $300 billion in Research and Development over the next four years if he becomes president. The concept is right. The scale
McAlvany Interview: Very Highly Recommended!
David McAlvany knows how to conduct a great interview. His McAlvany Weekly Commentary podcast is one of the most respected in the industry. I’ve spoken with David practically every year since The
Melt Up? What If The Fed Creates $2 Trillion …
The Fed is likely to create significantly more money during the rest of this year than it has led the market to expect. If it does, that could drive asset prices
Future Prosperity Depends On Government Debt…
The most important thing to know about macroeconomics in the 21st Century is that Credit Growth Drives Economic Growth. In the United States, when Total Credit grows by less than
Interview: Covid vs. Creditism
I was recently interviewed by Robert Helms and Russell Gray for The Real Estate Guys Podcast. Please find the link to the interview below. Topics include: The outlook for the US
