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My “Wealth Effect Monitor” & “Wealth Disparity Monitor” for the Fed’s Money-Printer Economy: December Update

My “Wealth Effect Monitor” & “Wealth Disparity Monitor” for the Fed’s Money-Printer Economy: December Update Billionaires got more billions, bottom half of Americans got peanuts and inflation. My “Wealth Effect Monitor” uses the data that the Fed releases quarterly about the wealth of households. The Fed, after having released the overall data for the third […]

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LEE CAMP: The Secret Reason Billionaires Love a Pandemic

LEE CAMP: The Secret Reason Billionaires Love a Pandemic You see, there has been a class war going on for years – perpetrated by the rich (who aren’t smarter or better) against everyone else. We live in a time when there are more billionaires walking around than ever before. (They don’t actually walk. They have […]

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Market Commentary: Faux Statesmanship

Market Commentary: Faux Statesmanship April 5 – New York Times (Dealbook): “’It doesn’t take a genius’ to know capitalism needs fixing. Capitalism helped Ray Dalio build his investment empire. But in a lengthy LinkedIn post, the Bridgewater Associates founder says that it isn’t working anymore. Mr. Dalio writes that he has seen capitalism ‘evolve in […]

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Paul Tudor Jones Warns Disastrous “Wealth Disparity” Will End In “Rev

Paul Tudor Jones Warns Disastrous “Wealth Disparity” Will End In “Revolution, Taxes, Or War” Having previously warned of the “disastrous market mania,” and told Janet Yellen to “be terrified” in April, legendary trader Paul Tudor Jones has a new message for CEOs, urging them to stop embracing the profit-above-all-else ethic creating massive wealth-inequality, or face […]

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Energy limits: Why we see rising wealth disparity and low prices

Energy limits: Why we see rising wealth disparity and low prices Last week, I gave a fairly wide-ranging presentation at the 2016 Biophysical Economics Conference called Complexity: The Connection Between Fossil Fuel EROI, Human Energy EROI, and Debt (pdf). In this post, I discuss the portion of the talk that explains several key issues: Why we are right now seeing so many […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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