The Eternal Appeal of Inflation
The Federal Reserve has pursued its 2% inflation grail with a monomaniacal determination, like madmen chasing phantoms or mad dogs chasing tails…
Biden’s Crime Against the Economy
Killing the Keystone pipeline was never about the environment, but about politics… Follow the money…
Did the Fed Buckle Today?
The federal funds rate remains glued at zero… as Mr. Powell and his fellows announced this afternoon.
The “Great Reset” Is Here
For years, currency analysts (myself included) have looked for signs of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and replace it with a substitute, which would be agreed upon at some Bretton Woods-style monetary conference.