Low Inventories, Chip Shortages Spark Unprecedented Spike In Used-Car Prices In March
"...the chipset shortage has snowballed into a bigger crisis for the automotive industry.”
GDP Numbers Can Hide Real Economic Damage
Spending money doesn’t mean we’re better off.
JPMorgan CEO Admits “Something Has Gone Terribly Wrong” In America… And China Knows It
“China’s leaders believe America is in decline... The Chinese see an America that is losing ground in technology, infrastructure and education – a nation torn and crippled..."
Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very Pleased.
Globalists know that so long as sovereign states have the ability to set their own tax rates, regimes are tempted to engage in “tax competition” in order to attract capital
Fed Transparency Won’t Get Us out of the Mess the Fed Created
There is much talk these days about Fed "transparency" easing the effects of monetary policy
The Feds Are Pushing Pension Funds Toward “Socially Responsible Investing”
Federal regulators are claiming "socially responsible investing" can be just as good as traditional investing in terms of gaining returns for retired workers
Big Debt Plus Rising Interest Rates = Big Danger
"Because there's so much debt today relative to 10, 15 years ago, a small debt, a small move in yields, 50 basis points in yields today is equivalent to 2% 15 years ago."
Dollar’s Share of Global Currency Reserves Hits Lowest Level in Over 25 Years
More nations engage in de-dollarization policies
Biden Infrastructure Plan Will Weaken Economy, Destroy Opportunity
President thinks only way to create opportunities is to take money away from entrepreneurs.
February Money-Supply Growth Hit Yet Another All-Time High
During February 2021, year-over-year growth in the money supply was 39.1 percent
The Property-Based Social Order Is Being Destroyed by Central Banks
Private property is an institution central to civilization and beneficial human interaction
Trump Blasts Biden’s Tax Hike As “Globalist Betrayal”
A “cruel and heartless attack on the American dream”
US Money Supply Growth Sets Another Record
Federal Reserve continues to churn out dollars and inject them into the economy.
Real Savings Are at the Heart of Lending
Trouble emerges once banks start to engage in lending unbacked by real savings, this gives rise to the expansion of credit out of “thin air”
Lockdowns Are More Economically Devastating Than Voluntary Social Distancing
Lockdowns advocates claim fear of the virus is really what kept people home—and has thus led to the economic destruction of the past year
GDP Hides the Damage from the Covid-19 Lockdowns
Government money printing may goose GDP, but It will do nothing to fix the losses that millions have suffered from covid restrictions and lockdowns
Soros Asset Management Is Betting Big On “Crypto Infrastructure”
"The one thing also when you think about bitcoin, central bank digital currencies are going to be here quicker than people expect," says CIO Dawn Fitzpatrick
Hear Max Keiser’s Breaking Bitcoin Revolution News Here
Keiser describes why Bitcoin set to rally higher than any other cryptocurrency.
Central Planning by Business Is Not the Same as Central Planning by Government
Electing better planners won't make socialism work. Central planning fails because planning without the feedback mechanisms of the market is an impossible task
Veteran Investor Says Governments Are Planning to Totally Outlaw Bitcoin
Cryptocurrency to mimic gold?
Suez Canal Blocked by Giant Container Ship Run Aground
Traffic along critical trade routes come to standstill
Crying Wolf on (Hyper)Inflation?
In the early years of QE, many economists warned that the Fed’s unprecedented monetary inflation would cause a significant increase in consumer prices
Why Envy Can Destroy Economic Progress
In some cultures, entrepreneurial achievement and capital accumulations are viewed with high levels of suspicion and envy
Biden’s Rescue Plan Won’t Reduce Poverty
“Poverty in society is overcome by productivity, and in no other way. There is no political alchemy which can transmute diminished production into increased consumption.”
The Everything Bubble: How A Debt-Driven Economy Creates More Frequent Crises
For decades, demand-side policies showed diminishing but not lethal results
Bitcoin ATMs Popping Up All Over US
Cryptocurrencies exploding as government prints historic amounts of fiat
Ford Cancels Shifts, Builds Partially Assembled Vehicles Amid Deepening Chip Shortage
Massive chip shortage worsening, could jeopardize economic recovery
How a Small Rise in Bond Yields May Create a Financial Crisis
The risk of a financial crisis does not come from rising bond yields
Bitcoin Surges After Fed Signals Loose Monetary Policy
Apex cryptocurrency seen as inflation hedge
The Destructive Power of Keynesian Spending Plans
The more the government spends, the worse it is for the health of the economy and thus for economic growth
Two-Thirds of Entry-Level Tech Jobs Go to Foreign Guest-Workers
Big Tech hiring foreigners from unranked colleges as Americans go unemployed
What the Shipping Container Shortage Reveals About US-China Trade
In a normal world, American spending would have sharply declined during the past year
China’s Monetary Tradition and the Origins of Money
China was one of the first countries to develop a metallic money that was valued and exchanged by weight