Learn How The Fed Creates “Money” from The Fed’s H.4.1 Report
Posted November 13, 2024
The Federal Reserve wields extraordinary power over the economy through its ability to create – or destroy – “money” at will. Yet, while many people
Tag Archives: Federal Reserve
Why Bond Yields Are Rising
Posted October 30, 2024
In the latest Macro Watch video, we explore why U.S. bond yields are rising, even as the Fed cuts rates. Former President Trump’s recent gains
Highly Recommended New Interview. Listen now.
Posted October 28, 2024
I was recently interviewed by Hunter Thompson for the Cash Flow Connections podcast. This was a particularly good interview. I hope you will listen to it
This AI-Generated Podcast Is Blowing My Mind. Listen Now.
Posted September 16, 2024
Today, I want to share with you the most amazing new AI breakthrough I’ve seen in a long time, AI-generated podcasts. A few days ago,
Why The Fed Will Cut Interest Rates Next Week
Posted September 12, 2024
On August 23rd, during his speech at Jackson Hole, Fed Chairman Powell said: “Overall, the economy continues to grow at a solid pace. But the
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
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
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 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
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
How Can The US Government Finance $22 Trillion Of New Debt?
Posted February 28, 2024
US Government Debt will increase by $22 trillion or by 85% over the next 10 years to $48 trillion, according to a recent report from
Large Budget Deficits Won’t Push Up Interest Rates
Posted February 11, 2024
Many people are concerned that the government’s large budget deficits will drain Liquidity and drive up US interest rates. This video explains why they won’t.
Bears Beware: Rate Cuts Ahead
Posted November 27, 2023
The stock market and the bond market have both rallied sharply this month on the belief that interest rates have peaked and that the Fed
Great New Books Network Podcast Interview
Posted August 7, 2023
The New Books Network recently invited me to be a guest on their podcast to discuss my latest book, The Money Revolution. This turned into a
Global Liquidity Is Tightening: Expect Trouble
Posted August 1, 2023
Global Liquidity is tightening. The new Macro Watch video demonstrates this by examining the balance sheets of the Federal Reserve, The European Central Bank, The
Liquidity’s Tightening. Watch Out!
Posted July 12, 2023
One of the main themes of Macro Watch is that Liquidity Determines The Direction Of Asset Prices. This week Macro Watch shows that Liquidity is contracting
The Uncertain Outlook For Asset Prices
Posted April 27, 2023
Home prices in the US are falling and it is very probable that they will continue to fall. The future direction of stock prices, however,
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