Subject: Creditism In Crisis?
Creditism In Crisis?
October 16th, 2022 at 3:06 pm +07Creditism In Crisis?Another set of very bad Inflation numbers was released on Thursday. The headline CPI index was up 8.2% from one year ago, little changed from the month before. Worse still, the Core Consumer Price Index rose to a new 40-year high ...
Watch Out. Something Is Going To Break!
September 28th, 2022 at 5:29 pm +07Watch Out: Something Is Going To Break!Last week, the Fed shocked investors when it released new projections showing that it now expects to increase interest rates significantly more than it had planned to do just three months ago. The Fed’s “Su ...
2008 vs. 2020 Part Three: Monetary Stimulus
September 21st, 2022 at 12:42 pm +072008 vs. 2020 Part Three:Monetary Stimulus The US Monetary Base surged nearly twice as much following the Crisis of 2008 as it did following the economic crisis caused by the Covid pandemic in 2020. Yet Inflation has been far higher during the last t ...
2008 vs. 2020 Part Two: Fiscal Policy
September 7th, 2022 at 11:05 am +072008 vs. 2020 Part TwoFiscal PolicyThe new Macro Watch video, the second in a series, compares the Fiscal Policy Response to the Crisis of 2008 with the Fiscal Policy Response to the Crisis of 2020. The video begins by describing the details of the F ...
2008 vs. 2020: Crisis, Response, Recovery
August 26th, 2022 at 3:28 pm +072008 vs. 2020:Crisis, Response, Recovery The new Macro Watch video compares the US government’s policy response to the two great economic calamities of our time: the Crisis of 2008 and the economic crisis that began with Covid in the first quarter ...
The Chips and Science Act
August 9th, 2022 at 10:02 pm +07The Chips and Science ActToday, The Chips and Science Act, authorizing a $280 billion government-funded investment in new industries and technologies, was signed into law by President Biden. The Act authorizes the largest five-year investment in pub ...
Interview: The Perfect Storm, Part Two
August 5th, 2022 at 1:31 pm +07Interview: The Perfect Storm, Part TwoMy new book, The Money Revolution: How To Finance The Next American Century, calls for the US government to fund a very aggressive Investment Program targeting the Industries and Technologies of the Future. Next ...
Credit Creation, Rate Hikes and Recession Risks
July 31st, 2022 at 12:50 pm +07Credit Creation, Rate Hikes and Recession RisksAfter Dollars ceased to be backed by Gold five decades ago, Credit Growth exploded and became the main driver of Economic Growth. Capitalism evolved into Creditism. This week, Macro Watch explores Credi ...
Interview: The Perfect Storm Part One
July 23rd, 2022 at 2:54 pm +07Interview: The Perfect StormPart OneI was recently interviewed by Marco Santarelli for the Passive Real Estate Investing Podcast. The main theme running through our conversation is the perfect storm being created for the economy and the financial mar ...
Dollar Soars, Commodities Crash
July 15th, 2022 at 2:43 pm +07Dollar SoarsCommodities CrashThe Dollar is soaring and Commodity prices are crashing. This week’s Macro Watch video discusses why these trends are likely to continue and some of the economic and investment implications if they do. The bottom line ...