Stocks: Boom or Bust?
Posted June 13, 2020
It is difficult to imagine a worse economic environment. The US economy is expected to contract by between one third and one half during the
Category Archives: Economics in the Age of Fiat Money
Watch This Speech: How The Economy And Financial Markets Really Work Today
Posted June 6, 2020
If you want to understand how the economy really works today and the forces driving the financial markets in the 21stCentury, watch this presentation I
Gold Is Not A Sure Bet
Posted May 30, 2020
The new Macro Watch video discusses how and why the price of Gold has moved up and down since 1970; and it warns that an
When Creditism Met Covid-19
Posted May 16, 2020
Our economic system, Creditism, was fragile and on government life support before the Coronavirus hit the United States. Now it is in intensive care. The new
Interview: Lessons From The Covid-19 Crisis
Posted May 3, 2020
I have done a lot of podcast interviews recently discussing the dire economic consequences brought about by the Coronavirus and what must be done to
US Banks On Life Support
Posted April 29, 2020
The new Macro Watch video shows that, without the unprecedented support that the government and the Fed are providing to the economy during the Coronavirus
Interview: Libertarianism, R. I. P.
Posted April 24, 2020
I was recently interviewed by Hunter Thompson for a Cash Flow Connections podcast. We discussed the economic, political and geopolitical consequences of the Coronavirus. This is
Interview: The Coronavirus Economy
Posted April 16, 2020
I had a really great conversation with my friend Andy Tanner for The Cashflow Academy recently. I highly recommend listening to this interview. It covers
28 Days (and $1.8 trillion) Later
Posted April 12, 2020
During the last four weeks, the Fed has prevented the complete collapse of the US economy by creating $1.8 trillion. It has used that new money
Life During Wartime Part Two
Posted March 27, 2020
The Senate passed a $2 trillion stimulus bill this week. That is not going to be enough. The new Macro Watch video, uploaded today, considers
Life During Wartime
Posted March 25, 2020
A wartime effort will be required to defeat the Coronavirus and prevent the US economy from collapsing into a Depression. But this war is very different
Interview: How To Prevent A Depression
Posted March 19, 2020
This is the most important interview I have ever given. Listen to it now. The global economy is being crushed by the Coronavirus. Chaos reigns
Recession or Depression?
Posted March 15, 2020
The United States economy will almost certainly fall into Recession this year because of the Coronavirus. The outcome, however, could be very much worse than that.
The Fed Considers Buying A Wider Range Of Assets
Posted March 7, 2020
On March 1st, Macro Watch uploaded a video entitled “Thoughts On The Coronavirus”. That video warned Macro Watch subscribers to be prepared for the Fed
Thoughts On The Coronavirus
Posted March 1, 2020
In the Macro Watch video uploaded today, I share my thoughts on the Coronavirus. How long it is likely to last. How it has impacted
Corporate Sector Concerns
Posted January 7, 2020
The new Macro Watch video examines the balance sheet and the earnings of the US Corporate Sector. They reveal a number of reasons to be concerned
Recommended Interview: How Much Will The Fed Print This Time?
Posted December 24, 2019
I recently had a particularly interesting conversation with Cris Sheridan of Financial Sense Newshour. I highly recommend it. The topic? The most extraordinary Monetary
Household Wealth and Fed Policy
Posted December 19, 2019
Business Investment is weak in the United States despite the recent large corporate tax cuts. Household Consumption, however, is holding up. Relatively strong Consumption has
The Repo Crisis and The Fed: Part 4
Posted November 22, 2019
Quantitative Easing has resumed. On September 17th, overnight interest rates in the Repo Market shot up to 10%, four times higher than they should have
The Repo Crisis and The Fed: Part 3
Posted November 20, 2019
The Fed is once again creating very large amounts of money and pumping it into the financial markets. So, it is not surprising that all the