More Wealth Destruction Ahead, Part One
Posted December 2, 2022
The Fed is tightening Monetary Policy much faster and more aggressively now than during the previous tightening cycle that ran from January 2014 to August
Category Archives: Economics in the Age of Fiat Money
The Fed May Lose $50 Billion in 2023
Posted November 15, 2022
Last year, if the Fed had been a corporation, it would have been the most profitable corporation in the world. It earned $108 billion. Apple earned
TIP Interview: “One Of My Favorites This Year”
Posted November 4, 2022
“This is one of my favorite interviews of the year so far. Richard @PaperMoneyEcon brings the 🔥 fire,” tweeted Trey Lockerbie, regarding our recent conversation for The
China Downgraded
Posted October 29, 2022
“China’s economy will not overtake the US until 2060, if ever” That was the title of an article written by Ruchir Sharma, the chair of
New Interview. Highly Recommended. Top Traders Unplugged.
Posted October 22, 2022
Today I would like to share with you a very interesting discussion I had recently with Kevin Coldiron and Niels Kaastrup-Larsen for the Top Traders
Creditism In Crisis?
Posted October 16, 2022
Another set of very bad Inflation numbers was released on Thursday. The headline CPI index was up 8.2% from one year ago, little changed from the
2008 vs. 2020 Part Three: Monetary Stimulus
Posted September 21, 2022
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
2008 vs. 2020: Crisis, Response, Recovery
Posted August 26, 2022
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
Interview: The Perfect Storm, Part Two
Posted August 5, 2022
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
Credit Creation, Rate Hikes and Recession Risks
Posted July 31, 2022
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.
Interview: The Perfect Storm, Part One
Posted July 23, 2022
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
Dollar Soars, Commodities Crash
Posted July 15, 2022
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
Lead – Lag Live Interview: Listen Now
Posted July 9, 2022
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
More Pain Ahead: Rates To Rise, Stocks To Fall
Posted June 18, 2022
The Fed hiked the Federal Funds Rate by a larger than expected 75 basis point on Wednesday to a range between 1.5% and 1.75%. Given that
Interview: Brutal Wealth Destruction
Posted May 27, 2022
Stocks and bonds have experienced a brutal selloff so far this year and the worst may still be ahead, with property prices likely to be
Interview: The Money Revolution
Posted May 20, 2022
Tom Bodrovics recently invited me to be his guest on Palisades Gold Radio to discuss my new book, The Money Revolution: How To Finance The
The End Of The Fed Put
Posted May 14, 2022
For a very long time now, every time the stock market has fallen significantly, the Fed has intervened, in one way or the other, to push it back
When Macro Watch Turned Bearish
Posted May 9, 2022
One of the recurring themes of Macro Watch is that “Liquidity Drives Asset Prices”. For instance, on March 6, 2021, Macro Watch published a video
Read The Introduction to The Money Revolution
Posted May 1, 2022
Yesterday’s blog post generated so many books sales that The Money Revolution is now ranked #1 Best Seller in International Relations on Amazon today – and #2
A Synopsis Of The Money Revolution
Posted April 30, 2022
Today’s Macro Watch video provides a synopsis of my new book, The Money Revolution: How To Finance The Next American Century. It explains why I wrote