Tag Archives: debt
Policies of Disaster
The world we’ve entered – a world of rising interest rates – is an unfamiliar place. Americans haven’t experienced it in over four decades. But, nonetheless, it is part of the long term, secular movement of the credit cycle. To understand what’s going on, all you need to do is look to the past and key in on several critical inflection points. Continue reading
Perpetual Motion Machine Finance
Using debt to pay the interest on debt, like some sort of perpetual motion machine, is a dead-end street. Yet this is precisely the direction Washington is taking America’s finances. And no one in Congress can stop it. Continue reading
Gold Is Doing Its Job
Physical gold – and silver – has provided wealth protection in times of chaos for thousands of years. No doubt, it will provide this important service as the consequences of decades of currency debasement and corruption catch up with America. Continue reading
Does Corporate Greed Cause Inflation?
It cannot be said enough. Inflation starts with the inflation of the money supply. From there, the excess money and credit chases consumer prices higher. So, too, it pumps up both stock and real estate market bubbles. Continue reading
