Charles Hugh Smith

Articles

Without Inflation, the Status Quo Collapses; With Hot Inflation, It Also Collapses

07/13/2023 Power & Market Charles Hugh Smith

Many others have explained why inflation is part-and-parcel of the status quo. In the simplest terms, where’s why inflation is essential: 1. Our economy and financial system are totally dependent on...

Our No-Win “Kobayashi Maru” Economy

06/24/2022 Power & Market Charles Hugh Smith

It’s time to reprogram the conditions of the economy to serve the many rather than the few. Star Trek’s Kobayashi Maru training exercise tests officer candidates’ response to a no-win scenario: any...

Venezuela’s New Cryptocurrency Is not Really “Backed by Oil”

03/09/2018 Mises Wire Charles Hugh Smith

If a currency can’t be converted on demand into the underlying commodity, it’s not “backed” by that commodity. The broke and broken country of Venezuela appears to be the first nation-state to issue a...

Media

Charles Hugh Smith: The US Healthcare Debacle

10/15/2015 Charles Hugh Smith

Jeff Deist and Charles Hugh Smith discuss our absurdly anti-market healthcare system.

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