Tag: bubble

March 23, 2023

The Achilles’ Heel of Modern Banking

Your bank account balance does not represent the number of dollars stored in a vault somewhere. It represents how much money the bank owes you.

February 16, 2023

Gold Takes a Breather, Inflation Stays Hot

Gold falls slightly on dollar strength. Inflation continues to come down, but the data shows signs of an impending wage-price spiral.

February 9, 2023

Quantitative Easing in Disguise?

The Fed is headed for an annual operating loss for the first time in 108 years. They will soon be forced to print the money to cover their expenses. A conundrum, indeed!

October 13, 2022

The Global Empire of Risk

Should the Fed pay attention to the IMF’s warnings about global financial risks and deteriorating market conditions? Probably, but more red-hot inflation data means their hands are tied.

October 6, 2022

Raise Rates ‘Til Something Breaks!

Rising interest rates reveal the consequences of exorbitant debt and leverage. When the free money disappears, what remains tends to flow into real assets.

April 5, 2022

History of Hard Money: Japan’s Lost Decade

Throughout the 1980s, Japan’s economy soared past the rest of the world. The growth that once earned the envy of investors and economists now stands as a dire warning against debt, speculation, and easy money.

January 28, 2022

Gold: The Key to Escaping the Bubble

A stock market correction, a bond yield spike, a dash for gold – this week had it all. Will this be the exception or the rule for 2022?

January 21, 2021

History of Hard Money: The Mississippi Bubble

If you happened to be walking around Paris from 1715 to 1722, you would have encountered one of the first experiments with centrally planned banking, paper money, and fractional reserves.

Tag: bubble

The Achilles’ Heel of Modern Banking

Your bank account balance does not represent the number of dollars stored in a vault somewhere. It represents how much money the bank owes you.

Read more

Gold Takes a Breather, Inflation Stays Hot

Gold falls slightly on dollar strength. Inflation continues to come down, but the data shows signs of an impending wage-price spiral.

Read more

Quantitative Easing in Disguise?

The Fed is headed for an annual operating loss for the first time in 108 years. They will soon be forced to print the money to cover their expenses. A conundrum, indeed!

Read more

The Global Empire of Risk

Should the Fed pay attention to the IMF’s warnings about global financial risks and deteriorating market conditions? Probably, but more red-hot inflation data means their hands are tied.

Read more

Raise Rates ‘Til Something Breaks!

Rising interest rates reveal the consequences of exorbitant debt and leverage. When the free money disappears, what remains tends to flow into real assets.

Read more

History of Hard Money: Japan’s Lost Decade

Throughout the 1980s, Japan’s economy soared past the rest of the world. The growth that once earned the envy of investors and economists now stands as a dire warning against debt, speculation, and easy money.

Gold: The Key to Escaping the Bubble

A stock market correction, a bond yield spike, a dash for gold – this week had it all. Will this be the exception or the rule for 2022?

History of Hard Money: The Mississippi Bubble

If you happened to be walking around Paris from 1715 to 1722, you would have encountered one of the first experiments with centrally planned banking, paper money, and fractional reserves.

Your bank account balance does not represent the number of dollars stored in a vault somewhere. It represents how much money the bank owes you.

Gold falls slightly on dollar strength. Inflation continues to come down, but the data shows signs of an impending wage-price spiral.

The Fed is headed for an annual operating loss for the first time in 108 years. They will soon be forced to print the money to cover their expenses. A conundrum, indeed!

Should the Fed pay attention to the IMF’s warnings about global financial risks and deteriorating market conditions? Probably, but more red-hot inflation data means their hands are tied.

Rising interest rates reveal the consequences of exorbitant debt and leverage. When the free money disappears, what remains tends to flow into real assets.

Throughout the 1980s, Japan’s economy soared past the rest of the world. The growth that once earned the envy of investors and economists now stands as a dire warning against debt, speculation, and easy money.

A stock market correction, a bond yield spike, a dash for gold – this week had it all. Will this be the exception or the rule for 2022?

If you happened to be walking around Paris from 1715 to 1722, you would have encountered one of the first experiments with centrally planned banking, paper money, and fractional reserves.

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