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Archive : Author

POSTED ON January 25, 2022  - POSTED IN Original Analysis

The Federal Reserve is talking about raising interest rates. But the US economy is buried under piles of debt. I’ve been asking how this is going to work for months. Apparently, the question has finally occurred to the mainstream.

A CNBC article declared, “Fed rate hikes will intensify a global debt crisis, research warns.”

POSTED ON January 17, 2022  - POSTED IN Original Analysis

Elizabeth Warren and others are running around blaming inflation on greedy corporations’ “price gouging.” Of course, this narrative falls apart when you realize producer prices are rising faster than consumer prices. If anything, producers are letting consumers gouge them by not passing on all of their rising costs.

POSTED ON December 27, 2021  - POSTED IN Original Analysis

I hope everybody had a great Christmas and found everything they wanted under their Christmas tree.

In the spirit of the season, I want to tell you about a Christmas present James Madison gave the United States way back in 1798. It is a bit of history that has fallen down the Orwellian memory hole. But it is extremely important to understand because it has a powerful application today.

POSTED ON December 21, 2021  - POSTED IN Original Analysis

Labor market productivity has been dropping for decades. And you can trace the plunge back to the demise of the gold standard.

US labor market productivity plummeted in the third quarter of 2021. Revisions to the data showed a 5.2% drop in productivity, even worse than the dismal initial reading last month. It was the worst productivity decline since 1960.

POSTED ON December 17, 2021  - POSTED IN Fun on Friday

‘Tis the season for Christmas specials.

I’m not going to lie – even as a grown man, I love watching Christmas specials. Snoopy decorating his dog house. The Grinch folding up the Christmas tree like an umbrella and stuffing it up the chimney. And Frosty the snowman melting in the greenhouse.

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