Download Episode. Mike Swanson returns to the show to talk about the state of the economy. He fills Scott in on some of the work he’s done analyzing how economies fare once the national debt-to-GDP ratio reaches a certain height. What he’s found is that serious...
national debt
Biden’s Sham Snickers Salvation Shtick
In 1896, Democratic Party presidential candidate William Jennings Bryan made a famous pro-inflation speech, proclaiming "you shall not crucify mankind upon a cross of gold" (and stable prices). In 2024, President Joe Biden is campaigning for re-election by denouncing...
Gold Is Doing Its Job
On Monday, the U.S. Commerce Department announced it was awarding Taiwan Semiconductor Manufacturing Company (TSMC) a $6.6 billion CHIPS Act subsidy for the fabrication of computer microchips in Phoenix, Arizona. TSMC will also receive up to $5 billion in low-cost...
No, World War II Didn’t Cut Short the Depression
A principal goal of Stark Realities is to “expose fundamental myths across the political spectrum”—and few myths are as universally embraced as the notion that US participation in World War II (1941-1945) lifted the American economy out of the Great Depression. This...
The Fed and the Fight for 2%
Last week, Jerome Powell & Co. met to issue an immediate decision regarding the status of the federal funds rate for March, and to provide some insight into the trajectory of monetary policy for the rest of 2024 and into 2025. As with the past few inflation...
From Bouazizi to Bushnell
Twenty-five-year-old Aaron Bushnell, an active-duty member of the United States Air Force, died on Sunday after setting himself on fire in front of the Israeli embassy in Washington DC as an act of protest against the slaughter in Gaza. Unfortunately, the act is...
Rate Cuts Are Coming, Ready or Not
According to the Fed’s “preferred” inflation measure, the Personal Consumption Expenditures Index (PCE)—you know, the one that excepts those extraneous things you never buy, things like food and gas—well, according to recent PCE readings the Fed has been doing a...
2/1/24 Mike Swanson on the Troubling State of the American Economy
Download Episode. Scott talks with Mike Swanson about where things stand with the economy and where current trends are heading. They discuss Fed policy, the boom-bust cycle, the national debt and more. Discussed on the show: The War State by Michael Swanson Why The...
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Israel Winner of the 2003 Iraq Oil War
From the Foreword by Lawrence B. Wilkerson: “[T]he debate over whether oil was a principal reason for the 2003 invasion has waxed and waned, with one camp arguing that it absolutely was, while the other argues the precise opposite.” “Mr. Vogler, himself a former...
Domestic Imperialism: Nine Reasons I Left Progressivism
Imagine the Catholic Church (or any person or group of people) doing what the government does every day: Everyone who doesn’t give the Catholic Church 25% of his annual income every year will be put in jail. If he resists the Jesuit officer, the officer has the right...
Diary of a Psychosis: How Public Health Disgraced Itself During COVID Mania
FOREWORD BY JAY BHATTACHARYA, MD, PHD Diary of a Psychosis is different from all other books on Covid: it traces the development of the government response as it happened, bit by bit, and subjects it to relentless scrutiny: did any of it do any good? It thereby...