Government Debt Since 1914
Posted July 25, 2024
The United States stopped backing Dollars with Gold in 1968. That change enabled the US Government to borrow on a scale that was enormous compared with
Tag Archives: Creditism
Money Creation Since 1914
Posted July 11, 2024
Congress ended the requirement that the Federal Reserve hold Gold to back the Money it created in 1968. Afterward, there were no longer any constraints on
From Balanced Trade To Globalization
Posted June 13, 2024
When Money ceased to be backed by Gold five decades ago, our economic system began to function very differently than it had up until then.
From Capitalism To Creditism
Posted June 6, 2024
Capitalism didn’t survive the 20th Century. When Money ceased to be backed by Gold five decades ago, many of the constraints that had regulated economic
Introducing Creditism 101
Posted May 30, 2024
From today, Macro Watch will begin rolling out a long series of short videos that will explain everything necessary to understand how the economy works
Weak Credit Growth May Force The Fed To Cut Rates
Posted April 26, 2024
Total Credit in the United States first exceeded $1 trillion in 1964. This quarter it will blow past $100 trillion. This 100-fold increase in Credit
Is China Turning Japanese?
Posted March 28, 2024
The world has become aware that China is experiencing its worst economic crisis in many decades. Many people have begun to wonder if China is
The Investor’s Podcast Interview 2024: Highly Recommended
Posted March 16, 2024
I recently joined Clay Finck on the We Study Billionaires Podcast on The Investor’s Podcast Network. If you only listen to one of my interviews
Great Twitter Spaces Conversation with Michael Green: Listen Now
Posted February 7, 2023
Michael Green, chief strategist at Simplify Asset Management, conducts brilliant interviews on Twitter Spaces, on Simplify’s YouTube channel, and on Substack. If you don’t already follow
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
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
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.
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
A Discussion of The Money Revolution
Posted April 24, 2022
I discuss my new book, The Money Revolution, with Buck Joffrey in this Wealth Formula podcast. I hope you will listen to our conversation now.
Great New Interview: Highly Recommended
Posted December 4, 2021
A few days ago I was interviewed by Tom Bodrovics for Palisades Gold Radio. I believe this was one of the best interviews in a
Creditism In China
Posted November 29, 2021
The latest Macro Watch video is the second in a series focusing on the potential consequences of the crisis now unfolding in China’s all-important property
Interview: Economic Crises
Posted October 8, 2021
I recently had a very interesting conversation with Kirk Chisholm for The Money Tree Investing Podcast. This interview provides a history of economic crises in
The Investor’s Podcast Interview: 2021
Posted August 1, 2021
The Implications of Peak Inflation I was recently interviewed by Trey Lockerbie for The Investor’s Podcast. This was an excellent conversation that covers not only the
Speech: How Capitalism Died & Where That Leave Us
Posted April 23, 2021
PLEASE NOTE: The link to the speech did not work when this blog was posted. It has been fixed. Apologies for the inconvenience. RD Capitalism