This post The Real Problem With Modern Monetary Theory appeared first on Daily Reckoning.
MMT is built around a bogus definition of money…
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This post A Recipe for Massive Government Spending appeared first on Daily Reckoning.
How can the government spend massive amounts of money without raising your taxes?… “Get used to the rise of MMT. It will be a central feature of the 2020 election campaign”….
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This post The Government’s Greatest Con Job appeared first on Daily Reckoning.
The evolution of a government swindle, told in U.S. currency… What exactly is lawful money?…
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This post Can Technology Save Us? appeared first on Daily Reckoning.
“Creative destruction” — a balanced look… What happens when robots can perform all human labor?…
The post Can Technology Save Us? appeared first on Daily Reckoning.
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This post REVEALED: The True Inflation Rate appeared first on Daily Reckoning.
Do the Federal Reserve’s primary inflation models underestimate inflation by a full percentage point?… “The obsessive fears of economywide inflation being too low is misguided; monetary stimulus in recent years was not needed”…
The post REVEALED: The True Inflation Rate appeared first on Daily Reckoning.
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This post The Worst Jobs Report Since 2017 appeared first on Daily Reckoning.
The February jobs report massively disappoints expectations… If it’s not the weather to blame, it’s something else… The “new normal”…
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This post Bull Market — or Bear Market Rally? appeared first on Daily Reckoning.
The post-Christmas surge has been “the sharpest rally since the global financial crisis recovery”… Why the stock market may have already seen its highs for the year…
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This post The Worst Economy Ever? appeared first on Daily Reckoning.
What Napoleon can tell us about today’s stock market… “The current economy has underperformed the worst economy”… How stock markets from the Great Depression and 1970s compare with today’s…
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This post Another Government Debt Crisis? appeared first on Daily Reckoning.
The latest debt ceiling deadline arrives this Friday… Embarrassment for those incapable of feeling embarrassment…
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This post The Approaching Winter: The Super-Cycle Has Turned appeared first on Daily Reckoning.
Winter sets in on the world economy… How would you describe the social mood of the nation and world?…
The post The Approaching Winter: The Super-Cycle Has Turned appeared first on Daily Reckoning.
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