Peak Prosperity News Feed en Rising Police Aggression A Telling Indicator Of Our Societal Decline ]]><p>It&rsquo;s time to face some uncomfortable ideas about the state of civilization in the United States.&nbsp; It is no longer the beacon of freedom illuminating a better way for the world, because it is becoming more and more uncivilized by the day.</p> <p>The recent spate of police brutality videos and the complete lack of a useful or even any reasonable response by the police unions has shaped this piece of writing, but it goes well beyond those incidents and extends into all corners of the lives of US citizens now.</p> <p><a href="" target="_blank">read more</a></p> Blog abuse brutality Chris Martenson cops Eric Courtney Harris ferguson Francis Jared Pusok Michael Brown police Fri, 24 Apr 2015 16:22:23 +0000 cmartenson 92427 at Steen Jakobsen: Get Ready For The Biggest Margin Call In History ]]><p>Economist Steen&nbsp;Jakobsen, Chief Investment Officer of&nbsp;Saxo&nbsp;Bank, believes 2015 will be another &quot;lost year&quot; for the economy. And he predicts the Federal Reserve will indeed start to raise rates later this year, surprising the market and taking the wind of out asset prices.</p> <p>He recommends building cash and waiting to see how the coming storm -- which he calls the &quot;greatest margin call in history&quot; -- plays out.</p> <p><a href="" target="_blank">read more</a></p> Podcast asset inflation bubble central banks Fed Federal Reserve inflation interest rates margin call rate hike Steen Jakobsen stocks Sun, 19 Apr 2015 18:02:54 +0000 Adam Taggart 92386 at Has The Fed Already Lost? ]]><p>Increasingly we live in a world of&nbsp;<em>Now</em>. Instantaneous access to digital real time data and news has simply become a given in our lives of the moment.</p> <p>You may be surprised to know that the Federal Reserve has taken notice.</p> <p><a href="" target="_blank">read more</a></p> Blog Atlanta Fed BEA Bureau of Economic Analysis central banks economy Fed Federal Reserve GDP GDPNow growth interest rate recession ZIRP Fri, 17 Apr 2015 19:36:29 +0000 Brian Pretti 92345 at John Michael Greer: The God Of Technological Progress May Well Be Dead ]]><p>As we often state here at Peak Prosperity, the narratives we hold are immensely important. The stories running our heads influence everything from our beliefs to our values to our actions.</p> <p>Which is why it&#39;s so dangerous when a society clings onto a narrative that is no longer serving it well, a narrative divorced from reality.</p> <p><a href="" target="_blank">read more</a></p> Podcast energy John Michael Greer progress technology Sun, 12 Apr 2015 18:49:58 +0000 Adam Taggart 92330 at The Fatal Flaw Of Centrally-Issued Money ]]><p><em>Centrally issued money centralizes wealth and generates systemic inequality</em>. This is equally true of all centrally issued currencies.&nbsp; But the inequity that is intrinsic to this system is politically and financially destabilizing, and so this system is unsustainable.</p> <p><a href="" target="_blank">read more</a></p> Blog barter Charles Hugh Smith credit currency fiat inflation money purchasing power Thu, 09 Apr 2015 18:03:33 +0000 charleshughsmith 92313 at Richard Duncan: The Real Risk Of A Coming Multi-Decade Global Depression ]]><p>Richard Duncan, author of&nbsp;<a href=";camp=1789&amp;creative=390957&amp;creativeASIN=0470821701&amp;linkCode=as2&amp;tag=peakprosp-20&amp;linkId=MCLIFOTX3MCS5Q6L" target="_blank">The Dollar Crisis</a>&nbsp;and&nbsp;<a href=";camp=1789&amp;creative=390957&amp;creativeASIN=1118157796&amp;linkCode=as2&amp;tag=peakprosp-20&amp;linkId=IIQQLGBTAUMMD533" target="_blank">The New Depression: The Breakdown Of The Paper Money Economy</a>, isn&#39;t mincing words about the risks he sees ahead for the world economy.</p> <p>Essentially, he sees the past 50 years of economic prosperity fueled by globalization and easy credit in serious danger of being unwound, as the doomed monetary policies currently being pursued by the word&#39;s central banks result in a massive multi-decade depression that spans the globe.</p> <p><a href="" target="_blank">read more</a></p> Podcast credit debt deflation economic economy Policy Richard Duncan Sun, 05 Apr 2015 16:42:08 +0000 Adam Taggart 92283 at If We're Going To Borrow Against The Future, Let's Borrow To Invest ]]><p>We are at an important juncture as a global society: either we immediately prioritize a new trajectory focused on creating a positive, functional future or -- by continuing the consumptive, extractive, exploitative&nbsp;<em>status quo --</em>&nbsp;we will default into a nasty nightmare.</p> <p><a href="" target="_blank">read more</a></p> Blog Chris Martenson economy energy Farming future growth infrastructure money trillion Thu, 02 Apr 2015 16:21:27 +0000 cmartenson 92252 at Steve Keen: The Deliberate Blindness Of Our Central Planners ]]><p>The models we use for decision making determine the outcomes we experience. So, if our models are faulty or flawed, we make bad decisions and suffer bad outcomes.</p> <p>Professor, author and&nbsp;deflationist&nbsp;Steve Keen joins us this week to discuss the broken models our central planners are using to chart the future of the world economy.</p> <p><a href="" target="_blank">read more</a></p> Podcast Bank of England banks bonds central banks crisis debt deflation economics Federal Reserve financial markets money Steve Keen stocks Sun, 29 Mar 2015 16:20:09 +0000 Adam Taggart 92208 at Philip Haslam: When Money Destroys Nations ]]><p>To understand better the anatomy of a currency collapse, we talk this week with Philip&nbsp;Haslam, author of the book&nbsp;<a href=";amp;camp=1789&amp;amp;creative=390957&amp;amp;creativeASIN=B00NOXX3JA&amp;amp;linkCode=as2&amp;amp;tag=peakprosp-20&amp;amp;linkId=AJY7O7NOIXUNPHGJ" target="_blank">When Money Destroys Nations</a>.&nbsp;Haslam&nbsp;is an authority on monetary history, and more recently, has spent much time in Zimbabwe collecting dozens of accounts of the experiences real people had as the currency there failed.&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Podcast hyperinflation inflation money Philip Haslam Zimbabwe Mon, 23 Mar 2015 21:54:18 +0000 Adam Taggart 92151 at Things Are Unraveling At An Accelerating Rate ]]><p>Does anyone else have the feeling that things are not just unraveling, but that the unraveling is gathering speed?</p> <p>We can discern&nbsp;<em>diminishing returns</em>&nbsp;in Federal Reserve/central bank interventions, as the initial rounds of quantitative easing pushed stock and bond markets higher for years at a time, while the following interventions generated lower returns.</p> <p><a href="" target="_blank">read more</a></p> Blog Charles Hugh Smith Wed, 18 Mar 2015 17:36:55 +0000 charleshughsmith 92107 at