Charles Hugh Smith·Apr 6Oil, Inflation and RecessionRecessions don’t require a spike in the price of oil/gasoline, but spikes in energy prices trigger recessions. This makes sense, as…A response icon6A response icon6
Charles Hugh Smith·Feb 17Small Business in the TINA Economy: Competing for the ScrapsLet’s start with a thought experiment focusing on soaring household expenses. Consider healthcare insurance, which has risen not just in…A response icon1A response icon1
Charles Hugh Smith·Feb 3, 2025Lots of Solutions, But for Which Problems?Problems, problems, problems. No worries, we have solutions. Solutions abound, but the question is: are they actually resolving the core…A response icon3A response icon3
Bright Money·Feb 23, 2024What is Discretionary Income?Discretionary income is the portion of your budget left over after your essential needs are paid.
Charles Hugh Smith·Jul 12, 2023Without Inflation, the Status Quo Collapses; With Hot Inflation, It Also CollapsesMany others have explained why inflation is part-and-parcel of the status quo. In the simplest terms, where’s why inflation is essential:
Dayval·Jul 4, 2020Discretionary/Free TimeFor most, time is not wholly our own. We work, we sleep, we handle life’s necessities.