The Inverted Yield Curve and Coming Recession
In late August CNBC announced, “Yield curve inverts again on fears the Fed won’t save the economy.” (Gee, ya think?) In this blog post I’ll explain what all the fuss — View Full Article
Don’t Be Surprised That the Stock Market Is Falling
Amidst the turmoil in the U.S. equity markets, it’s helpful to pull back and review the history of the Fed’s actions–something we’ve been chronicling in real-time in the Lara-Murphy Report. — View Full Article
Price Inflation Back to “Normal”
For years it seemed that no matter how many trillions the Fed created, the financial system sucked it up with no effect on consumer prices. But now that Twilight Zone — View Full Article
More and More Economists Are Discovering the Virtues of 100% Reserve Banking
In our 2010 book, How Privatized Banking Really Works, we integrated Austrian economics (particularly in the Rothbardian tradition) with Nelson Nash’s Infinite Banking Concept (IBC). Among its other content, our book — View Full Article
Stock Market “Correction” No Reason for Paralysis
As the chart below indicates, from October 3 through October 29, the daily average of the S&P 500 went from 2925.51 to 2641.25, a drop of 9.7%: This large drop — View Full Article
Half-Trillion Dollar Interest Payments Coming in 2020
A recent NYT article explains some of the shocking statistics in the latest CBO report on projections of Uncle Sam’s debt service costs. I think most Americans are vaguely aware — View Full Article
