Default by Inflation Is the Real Drama in the Global Debt Market
While the faux debt ceiling drama rages in Washington, DC, governments worldwide are defaulting on their debt via inflation.
While the faux debt ceiling drama rages in Washington, DC, governments worldwide are defaulting on their debt via inflation.
People are contrary cusses whose behavior cannot be forecast precisely in advance.
Many observers have dismissed the significance of the yield curve inversion in 2022.
The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.
In 2023, self-employment has collapsed again with year-over-year self-employment growth dropping by 6.5 percent.
There are several causal factors operating on interest rates and in different directions.
Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.
Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes
As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.