Charles Hugh Smith·Jun 30, 2025The No-Win Bubble “Wealth Effect”: Either Way We LoseI have endeavored to explain how our economy has changed dramatically over the past 50 years beneath the surface. Nothing that’s going to…A response icon11A response icon11
Charles Hugh Smith·Mar 29, 2024Fire, Then Ice: Our Deflationary FutureOutside the “everything’s always fine” echo-chamber, the consensus is that easily created fiat currencies will all evaporate as the…
Charles Hugh Smith·Oct 16, 2017The Fading Scent of the American DreamWe live in a simulacrum society in which the fading scent of the American Dream is more a collective memory kept alive for political…