The Russian Bear
What good is money that someone can cancel with a flip of a switch…on his own say-so? Not much. So it was inevitable that the Russians would look for workarounds.
American Oligarchy
American Oligarchy
What do you do when all your lilies are gilded…and the world lies at your feet like a dead Ukrainian soldier? You try to improve it, of course.
Being Chelsea Clinton
Being Chelsea Clinton
The Fed is stuck in a pudding of its own making. It held interest rates to the floor…where speculators, consumers, businesses, and the government got used to gliding along on ultra-cheap money.
A Permanent Ruin
A Permanent Ruin
The Fed doesn’t have many responsibilities. Controlling inflation is right up there at numero uno. Yet, not only did it fail to see the inflation it was causing…and then misdiagnose it as ‘transitory’…now, it has no idea of how to get the cat back in the bag.
Who Are We Fightin’ For?
Who Are We Fightin’ For?
We promised to explain the real reason for the US’s meddling in the affairs of the Eurasian steppes. This will require more space than usual, but we will just continue connecting the dots until we get a better picture.
Diaguita Lives Matter
Diaguita Lives Matter
As expected, the Fed raised its inflation-adjusted key rate from around MINUS 7.7% to around MINUS 7.5%. And the plan is to keep raising it until it reaches MINUS 5% by the end of next year.
Offense Spending
Offense Spending
The Washington elite spent years trying to tag Russia as a mortal enemy. US meddling in Ukraine politics goaded the Kremlin to action. And now comes the pay day.
Next to Nothing
Next to Nothing
Jerome Powell and his fellow Fed heads are hunkered down for their big meeting today and tomorrow. The Fed has to decide what to do.
The Liberal World Order
The Liberal World Order
The US media is privately owned. But it acts as an arm of the US government…which is an arm of the Entire Elite Establishment (EEE, aka the ‘liberal world order’).
$10-a-Gallon Gasoline?
$10-a-Gallon Gasoline?
The US can stand a lot of things. Cheating politicians. Goofball wars. Incompetence. Money printing. Market rigging. Facebook. Can it stand US$10-a-gallon gasoline too?
