recession

Inflation Doesn’t Pay

Inflation Doesn’t Pay

One of the most unexamined—and almost unmentioned—economic realities of post-gold standard America is the change in America's economic growth rate since the gold window closed in 1971. Does inflation change the rate of economic growth? The Federal Reserve Bank claims...

How Much Worse Can the Economy Get?

How Much Worse Can the Economy Get?

The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession—two quarters of negative growth—we are already in...

News Roundup 7/22/2022

News Roundup 7/22/2022

US News The White House introduces a $37 billion law enforcement spending plan. VOA Italy Italian Premier Mario Draghi resigned Thursday after his ruling coalition fell apart. AP Ukraine War The wife of Ukrainian President Volodymyr Zelensky, Olena Zelenska, addressed...

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