How technology is speeding up cycles.
Macro/Econ
Generational Wealth Inequality
Why millennials have a right to be angry at the baby boomers.
How the U.S. Consumer Became the Most Resilient Force in the Economy
The events that turned Americans into consumers.
If We Can Print Our Own Money Why Do We Have to Pay Taxes?
Four reasons we need to pay taxes.
I’m Worried
A list of my current worries.
How Would Investors React If We Finally Get Some Inflation?
A look back at how often the US sees high inflation.
How Rare is a Double Dip Recession?
A look back at the history of double-dip recessions.
Why the Market is So Confused Right Now
According to the National Bureau of Economic Research, the U.S. economy peaked in February and officially entered a recession in March. This is a newsflash to exactly zero people. When the pandemic hit and the economy was put in the freezer, it was immediately obvious the longest economic expansion in this country’s history came to…
Inequality Everywhere You Look
This crisis is making inequality worse in a number of ways.
Do We Need to Worry About Government Debt?
At the end of March, the federal government passed the $2.2 trillion CARES Act to provide financial relief to millions of Americans and a number of businesses to help see them through the crisis. This week they just tacked on an additional $484 billion. That’s around 10% of annual economic output in the U.S. This…
