Jim Rickards begins this series of articles on the interconnectedness of politics, the economy, and society and how every decision or movement in any of these spaces will inevitably affect the others. Today, we focus on the US economy and how decisions made on its behalf have negatively affected the global supply chain. Jim goes into more detail about this in his latest book, SOLD OUT!
Macroeconomics: Global Central Banks News & Highlights
The Aussie Consumer and the Fate of the Economy
How much stress is the Aussie consumer under? With retail sales slowing in the December quarter and mortgage interest repayments set to spike later this year, is the Aussie consumer — and the economy — set for pain ahead?
Powell Power
The federal government changed the dollar in 1971. Thereafter, it could be easily manipulated. Politicians overspend. And they typically cover their excess spending by printing extra money.
The Secret Life of Banks
I’m going to peel back the lid on banks and show you why they’re so stingy with your savings. Their greedy motivations won’t surprise you, but the mechanics might. I’ll also show you an important health indicator to watch if you’re a bank investor, as well as some impending regulatory changes that spell opportunity…
From Powell Put to Powell Curve to Powell Plunge
Central bankers used to be an investor’s best friend. Until inflation came along — now they only want to spend time with their new ‘friend’. But the betrayal is not yet complete. A bizarre focus on the unemployment rate could mark the central bankers’ transition to being your worst enemy in 2023.
Let Them…Keep Working
Which would you favour, dear reader — pro or con? Set the retirement age at 60…70…75? Make the rich work longer so the not-so-rich can frolic at 60? What fun it must be to organise the lives of others — millions of them. Tell them when they should work…and when they should rest? Sure, why not?
John Dienner
