Booms and Busts

The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.

As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.

The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation.

Mark takes a look at all the wrong predictions of recessions in recent years.

Fractional reserve banking by itself undermines both the banking system and the economy. No action by the Federal Reserve can eliminate the threats.

The usual suspects such as Robert Reich claim that corporate profits are causing inflation. Actually, increases in corporate profits are tied to increases in inflation.

As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.

Mark takes a look at all the wrong predictions of recessions in recent years.

With the US economy facing a severe downturn, we should remember that two recessions ended quickly because the government didn't intervene at all.

Mark explains why the market for existing homes has been diverging from the market for new houses.