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Opinion: 10 alarming things about the economy that politicians won’t tell you

August 5, 2019

Opinion: 10 alarming things about the economy that politicians won’t tell you The Congressional Budget Office reveals shocking forecasts for immigration, debt and spending for the next 30 years How do you know a politician is lying to you? Simple: His lips are moving.  Yes, it’s an old one — but none the worse for that. […]

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Nobel Prize Winning Economist Blasts America’s ‘Rent-Seeking’ Economy

March 9, 2017

Nobel Prize Winning Economist Blasts America’s ‘Rent-Seeking’ Economy I’m really grateful Angus Deaton was willing to come out and state the obvious. That is, the fact this economy isn’t what we’ve been told. In reality, it’s largely a rent-seeking based system, in which a meaningful percentage of the people who earn the most money are not only not adding […]

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Opinion: Inside the global elite’s bag of financial tricks

February 21, 2017

Opinion: Inside the global elite’s bag of financial tricks Easy money masks global economy’s precarious health Shutterstock Too much of economic growth and the accompanying bull market in stocks is the result of financial engineering. Increasingly, companies seek to improve earnings or increase their share price by means that are not necessarily directly linked to their […]

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Fed Vice Chair Fischer Admits Fed is Waiting for Godot

October 8, 2016

Fed Vice Chair Fischer Admits Fed is Waiting for Godot The Fed’s fourth mandate. In his keynote speech on the usual suspects of central-bank topics at the Institute of International Finance’s big shindig in Washington DC today, Fed Vice Chair Stanley Fischer nevertheless managed to develop a new theory for a fourth Fed mandate. This […]

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Opinion: The banking system faces an existential threat — and it’s not bitcoin

January 5, 2016

Opinion: The banking system faces an existential threat — and it’s not bitcoin A movement in Europe would require banks to fully back deposits John Michael WrightIn 1666, King Charles II put control of the money supply into private hands. The privatization of the money-creation process gave birth to the system we use today. Christmas did […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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