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The Fed’s Faustian Bargain: “We’re Experiencing The End-Game Of The Great Debt Super-Cycle”

The Fed’s Faustian Bargain: “We’re Experiencing The End-Game Of The Great Debt Super-Cycle” Echoing many of Jim Grant’s recent fears, Guggenheim Investments’ CIO Scott Minerd fears the consequences of policymakers returning to the same tools employed in the financial crisis as a grand Faustian bargain. “In Goethe’s 1831 drama Faust, the devil persuades a bankrupt emperor to print […]

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A Faustian Bargain with the Climate Crisis

A Faustian Bargain with the Climate Crisis Art by Willy Stöwer | CC BY 2.0 You’re a passenger on the Titanic on its fateful maiden voyage in 1912. As it draws away from the dock at Southampton you get a premonition that things are going to go severely pear-shaped, and that the ship is never […]

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Quantifying our Faustian bargain with fossil fuels 

Quantifying our Faustian bargain with fossil fuels  Our Faustian bargain: the byproduct of burning dirty fossil fuels are short-lived atmospheric aerosols which provide temporary cooling The climate system will heat well past 1.5 degrees Celsius (°C) and perhaps up to 2°C without any further fossil fuel emissions. That’s the conclusion to be drawn from new […]

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All Bad at 0%

All Bad at 0% We call on central banks to abolish their zero interest rate policy (ZIRP) framework before more harm is done. In our assessment, ZIRP is bad for all stakeholders and may even lead to war. ZIRP: Bad for Business? At first blush, it may appear great for business to have access to […]

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What’s Wrong with Our Monetary System and How to Fix It

What’s Wrong with Our Monetary System and How to Fix It Something’s profoundly wrong with our global financial system. Pope Francis is only the latest to raise the alarm: “Human beings and nature must not be at the service of money. Let us say no to an economy of exclusion and inequality, where money rules, […]

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The New World Order—A Faustian Bargain

The New World Order—A Faustian Bargain Faustian bargain: An agreement in which a person abandons his or her spiritual values or moral principles in order to obtain wealth or other benefits. A deal with the devil. The argument over the existence of an Elite, who plan to control the entire world under a New World […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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