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Category Archives: Economics in the Age of Fiat Money

Unsustainable Wealth

US Household Sector Net Worth has risen by a mind-boggling $30 trillion since the first quarter of 2009. At $85 trillion, it is now 55%

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How Capital Grows

Over the past 250 years, the growth of Capital has completely transformed the world. The next time you fly, look out the window. Most of

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CAPITAL: A Crash Course

It’s impossible to understand Capitalism without understanding Capital. In the new Macro Watch video, uploaded today, we look at Capital and the Capital Structure of

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