Tag Archives: Monetary policy

  • Podcast

    Ron Paul: We Are Reaching A Point Of No Return

    When the system will break no matter what the Fed tries
    by Adam Taggart

    Monday, November 6, 2017, 9:08 PM

    74

    Dr. Ron Paul has long been a leading voice for limited constitutional government, low taxes, free markets, sound money, civil liberty, and non-interventionist foreign policies.

    As a multi-term member of Congress, Dr. Paul knows the players and policies responsible for the growing unfairness and inequality now rampant in society. He does not expect the offenders will reform willingly. Instead, he predicts the system will collapse under its own unsustainability — offering a rare and valuable chance then for more sound and fair solutions to prevail.

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  • Podcast

    Alex J. Pollock: Insights From The Recent Congressional Hearing On The Fed

    Finally, some lawmakers are becoming concerned
    by Adam Taggart

    Monday, July 24, 2017, 6:43 PM

    9

    On June 28th 2017, the United States Congress held a hearing titled: “The Federal Reserve’s Impact on Main Street, Retirees and Savings.” If you haven't watched it yet, we highly recommend doing so.

    Joining us for today's podcast is Alex J. Pollock, one of the experts who participated on that Congressional panel. In this discussion, he details out his assessments of the Fed's major transgressions against the interests of the general public. But perhaps more interestingly, he shares his observations from the hearing and how it struck him that many of the members of Congress that convened it appear to be growing increasingly concerned about the Fed's lack of accountability, as well as its potential fallibility.

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  • Insider
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    The Time Thief

    How the Fed steals from tomorrow (and today, too)
    by Adam Taggart

    Thursday, July 13, 2017, 2:14 AM

    2

    Recently, the Federal Reserve has been on a mission to boost stock prices and make sure that no financial crises ever happen again.

    They’ve been doing this by explicitly propping up financial markets (and, I believe, suppressing others) in ways that enrich the speculator class generally, and the big banks specifically.

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  • Podcast

    Steen Jakobsen: 60% Probability Of Recession In The Next 18 Months

    The world economic engine is slowing to a standstill
    by Adam Taggart

    Sunday, June 11, 2017, 10:46 PM

    1

    Steen Jakobsen back on, Chief Investment Officer of Saxo Bank, returns to the podcast this week to share with us the warning signs of slowing economic growth he's seeing in major markets all over the world.

    In his view, the world economy is sputtering badly. So badly, that he's confident predicting a global recession by 2018 — or sooner.

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  • Blog
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    Why Our Central Planners Are Breeding Failure

    Mistaking illusion for lasting success
    by charleshughsmith

    Thursday, January 15, 2015, 3:50 PM

    10

    As counter-intuitive as it may sound, success rather reliably leads to failure and destabilization.

    In the macro-economic arena, I think it highly likely that the monetary and fiscal policies of the past six years that are conventionally viewed as successful will lead to spectacular political and financial failures in 2015 and 2016.

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  • Podcast

    Lacy Hunt: The World Economy’s Terminal Case of Debt Sclerosis

    In danger of dying from too much debt
    by Adam Taggart

    Sunday, August 24, 2014, 3:54 PM

    34

    Never before has the developed world carried this much debt. Never before have the central banks of those same countries expanded their balance sheets so much. Never before has so much sovereign debt been outright monetized. Never before have major financial institutions been officially designated as “too big to fail” and thereby been granted special license to assume gigantic risks.

    Dr. Lacy Hunt, economist and current executive vice president of Hoisington Investment Management Company, expects the macroeconomic situation to get worse from here:

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  • Podcast

    David Stockman: The Collapse of the American Imperium

    A perfect storm of policy failures
    by Adam Taggart

    Sunday, August 3, 2014, 3:47 PM

    14

    David Stockman, former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC, The Fed, and Wall Street work and intersect better than he does.

    He's extremely concerned by the "perfect storm" he sees of concurrent failures in US policy across foreign, monetary, economic, fiscal fronts:

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  • Blog
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    Is Gold at a Turning Point?

    Precious metals investors' heartbreak may soon be over
    by Adam Taggart

    Thursday, June 13, 2013, 1:18 AM

    32

    There's no way to sugarcoat the dismal performance of the precious metals in recent months. But a revisitation of the reasons for owning them reveals no cracks in the underlying thesis for doing so.

    In fact, there are a number of new compelling developments arguing that the long heartbreak for gold and silver holders will soon be over.

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  • Blog

    Eric Janszen: We Are Witnessing The Death of the Dollar

    by Adam Taggart

    Friday, October 28, 2011, 8:11 PM

    0

    What do you get when the producer of the world’s reserve currency takes on too much debt? Nothing less than the end of the US Treasury-based monetary system.

    So says Eric Janszen, economic and financial market analyst and proprietor of iTulip.com. In chronicling the decline of the global economy over the past decade, Eric has formulated a framework called the “Ka-POOM” theory, which endeavors to understand how the immense run-up in global debt will be resolved.

    In short, it looks at the credit bubble that began in the early 1980’s, started accelerating in 1995, and has now reached epic proportions. The amounts are so staggering at this stage that Eric believes it is too politically undesirable to let natural market adjustments clear them away — the magnitude of the deflationary pain this would create is simply unacceptable for politicians looking to get re-elected. The only other available option is to service these debts via a dramatically devalued currency. Hence the key role the Fed is playing today.

    The Fed is at the epicenter of this process, intervening heavily to keep the natural corrective market forces at bay. In this, it has a dual strategy. The first is to keep asset prices high (i.e., fight asset deflation), which it is doing by keeping interest rates historically low. The second is to keep wage and commodity costs under control, which it primarily does via devaluing the currency (maintaining a “weak dollar”).

    And, of course, through its intervention, the Fed is doing all it can to keep the current financial system in place to perpetuate the process for as long as possible. The end result is a fundamental shift in risk from Wall Street to the taxpayer.

    So the big question is: How long can this last?  Is there a point at which confidence in the system breaks and market forces finally overwhelm the intervention?

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  • Blog

    A Recent Report: Is Gold In A Bull Market

    by Chris Martenson

    Wednesday, June 16, 2010, 10:32 PM

    0

    Below is a recent example of a Martenson Report where I explain my views on gold and investing in gold.  I am putting it here so that non-enrolled members can see the type of thinking I routinely offer to enrolled members of this site.

    If you are interested in enrolling, I encourage you to consider.  Besides what you see below, there’s a very active community of commentary and additional thoughts, links, and other resources posted by community members in response to the reports. 

    In these reports I tackle such burning items as what the Deepwater incident means to our future energy supplies and economy, deflation vs. inflation, and the developing sovereign default and future currency crisis.  My goal is to illuminate and to help simplify your decision making in these complicated times.

    Best,
    Chris


    Is Gold In A Bull Market?

    Friday, May 28, 2010

    Executive Summary

    • Asking whether gold is in a bubble or a bull/bear market misses the point.
    • Better questions to ask involve fiat money management, government responses, and financial market risk.
    • Gold is not in a bull market; rather, faith in our decision-makers is in a bear market.
    • Trust is hard to come by these days. 
    • As for whether or not to buy gold, there are a number of factors to consider.

    I’d like to clarify my views on gold, because I approach this topic from a unique perspective that I think has value.

    For most, the idea of investing, or even speculating, is a matter of placing one’s money somewhere with the anticipation of getting more money back out at a later date.  Naturally, the footnote to this expectation reads, “…assuming money is worth the same.”  In this idea of investing, ‘more money’ is assumed to be synonymous with ‘greater purchasing power,’ because devalued money may represent a significant loss.  The shifting target in this story since 1971 has been the untethered value of the currency itself.

    For many investors, it has been a useful frame of reference to define various asset classes and markets in terms of being either “bull” or “bear” markets, where prices for investments have risen or fallen over some period of time, respectively.

    Sometimes, when a bull market ramps out of control and then crashes, it is said to have been in a “bubble.”

    Recently, the WSJ asked the question of whether or not gold is in a bubble, which is an important distinction for many investors, because if the answer is “yes,” then the next question is, “So when will it crash?”

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