Val Popov·Jun 5Jerome Powell’s Legacy and What Comes NextWith Kevin Warsh now sworn in as Fed Chair, it’s worth reflecting on Jerome Powell’s legacy and what lies ahead for Fed policy and the US…
Charles Hugh Smith·Apr 28, 2025The Winners and Losers in 21st Century AmericaNot everyone in America gained ground as a result of the rampant hyper-financialization and hyper-globalization of the 21st century. Let’s…A response icon3A response icon3
Isaiah Kim·Feb 11, 2025The Illusion of Liquidity: How It Shapes and Strains the Global EconomyIn conversations about the economy, a common remark you’ll hear is, “The real economy is struggling, but the stock market is soaring.”…
Charles Hugh Smith·Nov 14, 2024The Elephant in the Room — No, the Other ElephantAh, yes, the elephant in the room, a problem that’s 1) big and obvious and 2) can’t be solved with the usual painless policy tweaks, so we…A response icon2A response icon2
Charles Hugh Smith·Dec 29, 2023The Fed’s Empire of Speculation and the Echoes of 1929The Federal Reserve has so completely normalized speculative excess that these extremes are no longer even recognized as extremes. Rather…A response icon1A response icon1
Charles Hugh Smith·Aug 21, 2023No, Central Banks Won’t Save Us This TimeThere’s a fanciful confidence afoot that central banks will once again coordinate a global “save” as markets careen out of control. They…
Charles Hugh Smith·Jun 2, 2023A Nation of Junkies: The Empty Future of a Stimulus-Speculation EconomyWhen economists speak of organic growth, they’re referring to growth that arises naturally from the expansion of population, advances in…
Russell Meyers For President 2024·May 8, 2023Asset Bubbles And The FedThe Fed creating new currency coupled with low interest rates lead to asset bubbles. Asset bubbles must eventually deflate. They usually do…
Poor Sam·Feb 17, 2023A conversation with Ex-Governor ShirakawaI have the opportunity to attend an event at Asia School of Business Ask the Governer, Shirakawa Ex-Governor of Bank of Japan.
