U.S. Economy

The hatred and disparagement of gold as money and the gold standard has become standard dogma of the modern State.

Watching the Federal Reserve's inflationary “strategy” of enacting repeated “stimulus” and creating asset bubbles, one is reminded of the “Cargo Cult” in the South Pacific after the end of World War II. 

Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy.

The Fed is desperate for you to think that "this time is different." Unfortunately, Powell can't seem to come up with an explanation of why that is the case.

The Fed’s specialty is propaganda through data, with a long record of failure. This is by design. Their communication tools must work in overtime, particularly in the face of a decision like this, to avoid “spooking markets”, though this veneer is easy to see through.

There is good evidence that the Skyscraper Curse is dead. But what does that mean? Are historical changes are in the works?

As the Austrian Business Cycle Theory would predict, after the Fed boosted the Fed Funds rate, the demand for life-sciences real estate has waned.

Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality. Instead, it presents a distorted picture of genuine economic activity and leads to mistaken conclusions about the economy.

The total number of employed persons has fallen by 66,000 since August of 2023. Moreover, the new job growth is almost all in part-time jobs.

The Federal Reserve wants to be perceived as coming to the economy's rescue, but the Fed can't save you. Mark shares some insights from Austrian Business Cycle Theory.