Shipping Expenses in the US Go Through the Roof
Amid transportation chaos & delays, high demand, soaring diesel prices, and labor shortages. By Wolf Richter for WOLF STREET. Shippers in the US – from manufacturers to mom-and-pop...
Jim Rogers: Next bear market will be ‘the worst in my lifetime’ — here are 3 assets he’s using for 2022 crash protection
Yahoo!Finance/Jing Pan/1-1-2022 “Rogers has long been a fan of commodities, and silver is one of his favorites. ‘The all-time high for silver is $50 an...
Larry Summers Was Correct on Inflation
Lawrence Summers attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 18, 2017. (Ruben Sprich/Reuters) I am sure that Larry...
Reflections on Greenspan’s ‘Irrational Exuberance’ Speech after 25 Years
Cato Institute/James A. Dorn/12-27-2021 “Greenspan began his speech by reminding us that ‘at root, money—serving as a store of value and medium of exchange—is the...
Elizabeth Warren Blames High Food Prices on Grocery Chains’ ‘Record’ 1 Percent Profit Margins
On Friday, Sen. Elizabeth Warren (D–Mass.) tweeted a video clip from her appearance on MSNBC’s Stephanie Ruhle Reports a couple of days earlier. What happens when...
Byron Wien’s 10 surprises for 2022
Zero Hedge/Tyler Durden-Byron Wien/1-3-2021 “Byron defines a ‘surprise’ as an event that the average investor would only assign a one out of three chance of...
Does Monetary Policy Matter? – AIER
Monetary economists believe that the growth rate of the money supply is an important determinant of short-run economic outcomes. Good monetary policy can help minimize...
Silver supply-demand trends could catalyze the price
BullionWorldMagazine/Georgia Williams/12-13-2021 “Silver’s move to US$28.55 wasn’t the only milestone the white metal registered in 2021. Demand for silver exchange-traded products touched an all-time high...
Money and Banking after World War II: A Study in Extremes
The history of money and banking in the United States since World War II is one of extremes. From stability to chaos, hubris to paralyzing fear,...
Americans more pessimistic on the economy
Economic Optimism Index Chart courtesy of TradingEconomics.com Chart note: “The IBD/TIPP Economic Optimism Index in the US fell sharply to 44.7 in January of 2022...