The Yield Curve Is Sending You A Warning
Posted December 21, 2018
The inversion of the yield curve is considered to be one of the most accurate predictors of recessions. It has inverted before every US recession
Category Archives: Economics in the Age of Fiat Money
A Particularly Good Interview
Posted December 5, 2018
I recently had a particularly interesting conversation with Hunter Thompson, the host of the Cash Flow Connections Podcast. I highly recommend it. Please find
Investing In America
Posted November 29, 2018
One of the most important things to understand about economics is that CAPITAL GROWS. The Capital Stock of the United States increased 60-fold between 1952
The Capital Structure Of The United States
Posted November 7, 2018
Capital, when combined with labor and natural resources, generates income. If that income is saved and invested, it generates more income. Therefore, it is important to
The Rich Dad Radio Show Interview With Robert Kiyosaki
Posted October 23, 2018
I recently spoke with Robert Kiyosaki for the Rich Dad Radio Show about the danger that the US – China Trade War may soon become
A Concise History Of Creditism
Posted October 18, 2018
2018 marks the Golden Anniversary of Paper Money. On March 19, 1968, President Johnson signed Public Law 90-269 which ended the requirement that the Federal
Credit Update: Government Debt Spikes
Posted October 4, 2018
Our economic system evolved from Capitalism into Creditism once money ceased to be backed by gold 50 years ago. Under Capitalism, economic growth was driven
All The Money In The World
Posted September 20, 2018
Earlier Macro Watch videos this year have shown how the central banks of the United States, Japan, Europe and China have created money on a
Chinese Monetary Policy Part 2: Crisis Management
Posted August 30, 2018
Large-scale capital flight out of China threatened to send the Chinese economy into crisis beginning in mid-2014. As a result, the People’s Bank Of China
Renegade Inc. TV Interview. Highly Recommended
Posted August 28, 2018
In this television interview for Renegade Inc., Ross Ashcroft and I discuss Creditism and the opportunities and dangers that exist at this unique moment in
Chinese Monetary Policy, Part 1: Transforming The World
Posted August 17, 2018
Between 1990 and 2014, the People’s Bank Of China created RMB 28 trillion, the equivalent of more than US$4 trillion. What the central bank did
Trade War Part 3: If China Fights Back
Posted August 1, 2018
It is inconceivable that China would submit to President Trump’s demands that China reduce its trade surplus with the US by $200 billion per year.
Trade War Part 2: If China Capitulates
Posted July 24, 2018
President Trump has threatened to impose trade tariffs on all $500 billion worth of goods that China exports to the US each year unless China
US-China Trade War: On The Brink
Posted July 21, 2018
President Trump believes China poses a grave threat to the United States. His demands for trade concessions from China are designed to eliminate that threat.
QE In Europe Is Ending – Beware
Posted June 28, 2018
The ECB has announced that it plans to reduce its Quantitative Easing program from €30 billion per month now to €15 billion per month in
The Bank Of Japan Goes Ballistic
Posted June 23, 2018
Ballistic is not a word normally associated with Monetary Policy. However, it is the ideal adjective to describe the conduct of Japanese Monetary Policy over
The BOJ’s Radical Experiment
Posted June 2, 2018
Monetary Policy in Japan is RADICALLY AGGRESSIVE. Over the last five year, Japan’s Monetary Base has expanded by three and a half times. The Bank
What You Need To Know About The US Government’s Budget Deficits And Debt
Posted May 17, 2018
The latest Macro Watch video provides a quick overview of everything you need to know about the US government’s budget and debt, including: The source
Less Savings, More Debt, Increasing Vulnerabilities
Posted May 3, 2018
Total debt in the United States increased by $2.6 trillion last year. This year it will increase by roughly $2.9 trillion. For every debtor, there is
Weak Credit Growth Leaves The Economy Vulnerable
Posted April 18, 2018
When credit growth is weak, the United States falls into recession. Between 1952 and 2008, there were only nine years when total credit (adjusted for inflation)