Subject: Government Debt Since 1914
Government Debt Since 1914
July 25th, 2024 at 1:10 pm +07Government Debt Since 1914The United States stopped backing Dollars with Gold in 1968. That change enabled the US Government to borrow on a scale that was enormous compared with the amounts it had borrowed before then. Government Debt totaled $369 bi ...
Money Creation Since 1914
July 11th, 2024 at 11:30 pm +07Money Creation Since 1914Congress ended the requirement that the Federal Reserve hold Gold to back the Money it created in 1968. Afterward, there were no longer any constraints on how much Money the Fed could create. During the five and a half decade ...
Wealth Bonanza: Risks and Opportunities
June 26th, 2024 at 11:44 am +07Wealth Bonanza:Risks and OpportunitiesThere has been an extraordinary surge in Wealth in the United States since the end of 2019. Household Wealth soared by $44 trillion or by 38% between then and the first quarter of this year. During that period of ...
From Balanced Trade To Globalization
June 13th, 2024 at 10:30 pm +07From Balanced Trade To GlobalizationWhen Money ceased to be backed by Gold five decades ago, our economic system began to function very differently than it had up until then. Capitalism began to evolve into Creditism. One key element of this transiti ...
From Capitalism To Creditism
June 6th, 2024 at 12:50 pm +07From Capitalism To CreditismCapitalism didn’t survive the 20th Century. When Money ceased to be backed by Gold five decades ago, many of the constraints that had regulated economic relations up until then were eliminated. Afterwards… The Federal ...
Introducing Creditism 101
May 30th, 2024 at 9:06 pm +07Introducing Creditism 101From today, Macro Watch will begin rolling out a long series of short videos that will explain everything necessary to understand how the economy works in the 21st Century, in contrast to the way it worked before 1968 when Do ...
Slowing Income Suggests Economic Weakness Ahead
May 15th, 2024 at 1:45 pm +07Slowing Income Suggests Economic Weakness AheadA slowdown in the growth of Disposable Personal Income is pointing to economic weakness ahead. Disposable Personal Income growth is slowing and is likely to continue to slow. This is important because Di ...
Weak Credit Growth May Force The Fed To Cut Rates
April 26th, 2024 at 1:04 pm +07Weak Credit Growth May Force The Fed To Cut RatesTotal Credit in the United States first exceeded $1 trillion in 1964. This quarter it will blow past $100 trillion. This 100-fold increase in Credit over the last 60 years has been the most important d ...
Who Will Suffer Most When Chinese Growth Ends?
April 15th, 2024 at 10:15 pm +07Who Will Suffer Most When Chinese Growth Ends?China is in the midst of its worst economic crisis in decades. The property market, accounting for roughly a quarter of economic activity in China, is facing an oversupply of empty apartments on an inconc ...
Is China Turning Japanese?
March 28th, 2024 at 9:00 pm +07Is China Turning Japanese?The world has become aware that China is experiencing its worst economic crisis in many decades. Many people have begun to wonder if China is “turning Japanese”, meaning that China’s economy may stop growing altoget ...