The Credit Structure Of The United States
Posted June 24, 2025
The US economy is no longer driven by Saving and Investment as it was in the past. Today, it is driven by Credit Creation and
Tag Archives: Economic Growth
Credit Creation Drives The Economy Now
Posted August 8, 2024
When the United States stopped backing Dollars with Gold in 1968, that change unleashed an explosion of Credit that fundamentally altered the nature of our
Slowing Income Suggests Economic Weakness Ahead
Posted May 15, 2024
A slowdown in the growth of Disposable Personal Income is pointing to economic weakness ahead. Disposable Personal Income growth is slowing and is likely to
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
Download My Speech To Members Of Congress
Posted May 16, 2023
On February 27th, I delivered a speech titled “How to Finance the Next American Century” before 15 members of the House Ways and Means Committee in Washington.
Unchartered Territory
Posted April 14, 2023
Last year, Total Credit in the United States expanded by $5.1 trillion to $93.5 trillion. Total Credit first exceeded $1 trillion in 1964. Next year it will
Newsweek Published My Op-Ed. Read It Now!
Posted March 10, 2023
Newsweek ran an op-ed piece I wrote this morning. Its title is, “Ronald Reagan Knew Government Spending Is Crucial to a Thriving Economy. The GOP
Coming To America
Posted January 31, 2023
I will be in the United States during March to promote my book, The Money Revolution: How To Finance The Next American Century. I need your
Congress Passes Major R&D Investment Acts
Posted February 26, 2022
Something extraordinary has happened. On February 4th, the House of Representatives passed the $350 billion America Competes Act, which will fund investment in new industries
Stormy Weather Ahead
Posted October 15, 2021
Credit growth is slowing rapidly in the United States. That is alarming because in the Twenty-first Century, Credit Growth Drives Economy Growth. Total Credit Growth (adjusted
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
Credit, Economic Growth and Inflation To Slow
Posted July 9, 2021
Credit growth in the United States has peaked. Since Credit Growth drives Economic Growth, that means economic growth has also peaked. This strongly suggests that Inflation will
How To Learn The Most From Macro Watch
Posted April 20, 2021
The latest Macro Watch video explains to new (and existing) subscribers what they should do and the steps they should take to learn the most
Debt, Credit and Wealth Soared In 2020
Posted April 10, 2021
Total Credit in the United States soared by an astonishing $8 trillion last year to $83.5 Trillion, well above the previous peak increase of $5