Tag Archives: dollar debasement
Be Careful What You Wish For
If foreign investors reduce their holdings of U.S. Treasuries, then who will pick up the slack? If foreign central banks are not buying Treasuries, how will the government finance its debt? Continue reading
Dollar Debasement as A Matter of Policy
Michelle Mack thought she had it made. The suburban mom was living the high life with her husband and kids in their $3 million mansion in northern San Diego County. But that was before December 6, 2023. This was the day police raided her home, put her in handcuffs, took her away in her PJs and slippers, and threw her in the pokey. Continue reading
Day of Reckoning
Time, like money, offers a unique marker. Something to count and compare. Something to use for measuring progress – and failure. Continue reading
The Sisyphean Folly of Printing Press Money
We are living the Sisyphean folly of printing press money. With each passing decade, extreme monetary and fiscal policies distort the economy and financial market in irregular and insane ways. When the lopsided effects become wholly unstable the inevitable crisis arrives. Continue reading