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: Government Debt
Wealth Bonanza: Risks and Opportunities
Posted June 26, 2024
There has been an extraordinary surge in Wealth in the United States since the end of 2019. Household Wealth soared by $44 trillion or by
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
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
Recession in 2024?
Posted December 29, 2023
Will the United States fall into Recession in 2024? Trends in Credit Growth suggest it will. It is important to monitor and forecast trends in
Credit Trends Suggest A Recession Ahead
Posted September 28, 2023
This week, Macro Watch looks at trends in Credit Growth and Wealth Creation; and explains why those trends suggest the US economy will soon fall
Higher For Longer Interest Rates May Rattle Markets
Posted June 29, 2023
This week Macro Watch examines the most recent trends in Credit Growth. It focuses on two important developments revealed in The Financial Accounts Of The
Debt Ceiling Austerity: A Recipe for Stagnation and National Shame
Posted May 9, 2023
Republicans in Congress are once again insisting on a return to Austerity in exchange for lifting the country’s debt ceiling. Austerity can only lead to
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
Interview: The Perfect Storm, Part Two
Posted August 5, 2022
My new book, The Money Revolution: How To Finance The Next American Century, calls for the US government to fund a very aggressive Investment Program targeting
The Fed Is More Profitable Than Apple
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
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
Interview on Rich Dad Radio
Posted May 7, 2021
I recently had a great conversation with my friends Robert and Kim Kiyosaki for Rich Dad Radio. So far, this interview has been viewed nearly 250,000
Will The Liquidity Tsunami Continue To Drive Asset Prices Higher?
Posted April 29, 2021
A Liquidity Tsunami is currently driving asset prices to new record highs. In early March, Macro Watch published a video called “Liquidity Tsunami May Push Asset
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
New Interview: Highly Recommended
Posted April 13, 2021
I was recently interviewed by Patrick Donohoe for The Wealth Standard Podcast. If you want to understand how our economic system evolved into what it
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
What The US Must Learn From Japan
Posted November 27, 2020
The new Macro Watch video compares the Japanese economic policy response to Covid-19 with that of the United States – in terms of its impact on