Tag: Inflation
$1.4 Million…Right Down into the Drain
The value of our money is disappearing before our eyes. Ironically, it’s the enigmatic British artist Banksy who personifies this sentiment best.
Starvation in Venezuela — How Bad Economics Collapsed a Country
If you haven’t noticed, Venezuela is in the middle of one of the most psychotic economic breakdowns in history. People are starving. There’s no power or fresh water. Inflation is nearing a million percent.
The Kavanaugh Scandal: Another Deep State Distraction
The media is abuzz over a possible scandal involving Supreme Court nominee Brett Kavanaugh. But the real story runs a lot deeper than that.
How Politics Poisoned the Earth
The politics of the Swamp reaches far and wide. It’s the sole reason why our real wages today are no higher than they were in 1971.
It Feels Like 2007 All Over Again…
The latest numbers are in. Everything from job growth to GDP growth is looking rosy. But let’s not get too confident about our prospects just yet.
Why America Hasn’t Had a Raise in Forty Years
Believe it or not, the wage of the average American has risen by only 13 cents an hour annually since the beginning of this century. Here’s why.
The Fed Can’t Stop What’s Coming
The numbers don’t lie. Donald Trump’s tax cuts is creating a skyrocketing debt problem that will prove unsustainable in the years to come.
Why Fairy Tales are Better than YouTube
In 2014, I adapted the story There Was an Old Lady Who Swallowed a Fly, to describe the absurdity of the Fed’s actions in handling crises of their making.
Will Bitcoin Eventually Hit Zero?
Bitcoin could very well not exist in 100 years…but, so what? Throughout history many currencies have gone bust. Some even in a relatively short period.
This Could Be a Sign of the Next Crash
For most, 1994 wasn’t particularly memorable. There was no presidential election, no major geopolitical shocks, no stock market crash. In fact, 1994 started like any other year. The US economy was in its 34th month of growth. Bond yields were historically low. Wages were