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.
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.
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
Posted June 1, 2022
Inflation has shot up to 8.5%. There is a serious War in Europe. And the Fed has been creating Money hand over fist. And, still, the price of
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
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
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
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.
Posted April 15, 2022
Last week, the US Yield Curve inverted, meaning that the Yield on 2-Year government bonds rose above the Yield on 10-Year government bonds. When the
Posted April 8, 2022
A Money Revolution has occurred since Dollars ceased to be backed by Gold five decades ago. That Revolution has radically altered the way our economic system
Posted December 20, 2021
The new Macro Watch video discusses the most important recent trends in credit growth and wealth creation based on the third quarter Financial Accounts of
Posted December 6, 2021
In Congressional testimony last week, Fed Chairman Powell made a “Hawkish Pivot” when he suggested that the Fed was likely to accelerate the pace of
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
Posted October 30, 2021
I recently had a very good conversation with Buck Joffrey for the Wealth Formula Podcast. I highly recommend you listen to it. Topics include: The
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
Posted September 25, 2021
On March 6th this year, Macro Watch published a video called “Liquidity Tsunami May Drive Asset Prices Much Higher”. It argued that during the months ahead
Posted September 18, 2021
Inflation in the United States slowed sharply during August. The Core Consumer Price Index (Core CPI) rose 0.1% month-on-month in August. That was down from 0.9%
Posted August 20, 2021
The Fed is enormously profitable. In fact, if it were a corporation, the Fed would have been the most profitable corporation in the world last year. Luckily
Posted June 24, 2021
The message from the Fed’s June 16th FOMC meeting was slightly more hawkish than the market had expected. It indicated that the first rate hike may
Posted June 11, 2021
Reverse Repurchase Agreements on the Fed’s balance sheet have surged from $0 in mid-March to $535 billion on June 10th. Many people have begun to
Posted May 28, 2021
The Fed is now signaling that it will soon begin to discuss when to Taper Quantitative Easing. This is an important policy development that could