To be clear, following the Vietnam play book to get out of Ukraine is not a good thing. In this free essay on Substack, Warwick Powell, explains with irrefutable evidence from The Pentagon Papers how politics won out over people’s lives when we lost in Vietnam. We’re losing or have lost in Ukraine (that’s my
Extracting Ourselves From Ukraine: Same As We Did in Vietnam Read More »
Eight years ago I wrote an article with the title “What Keeps Jeff Bezos Up at Night- And Why What He’s Doing Should Keep You Up.” In it, I described some of the things Amazon was doing and why he might be worried about Chinese competition. Here’s the link. I talk about Ali Express and
When China Starts to Own a Whole Supply Chain Read More »
To be clear, I’m not claiming the Fed is responsible for all our inflation. I will say that the recent 14 years of zero percent interest rates did cause some inflation. That misallocated capital, and made it easier for the government to keep borrowing. The chart is from Doug Casey’s Crisis Investing. It’s free at
Chart: Inflation Since the Fed Was Created Read More »
Interest on our national debt has crossed $1 trillion a year and is headed up. I believe the basic reason the Fed is cutting interest rates is to reduce interest cost on the debt. Obviously, that doesn’t solve the problem- it just makes it get worse at a slightly slower rate.
Chart: Interest On Our National Debt Read More »
“When nations can trade directly via blockchain platforms, settle in their own currency, and store value in physically-backed gold contracts, the dollar becomes increasingly optional.” Tariffs and the uncertainty of an irrational trade war, the weaponization of the U. S. Dollar, seizure of Russia’s dollar reserves, the impact of debt, the general historical cycle of
Changing Role of the U.S. Dollar: Why, How? With a Whimper- Not a Bang. Read More »
Recommend you go to Wolfstreet.com and read his 10/16/25 post on this. There is just no way to feel good about this. Yes, I know- “This time is different.”
Stock Market Leverage Always Ends Badly Read More »
Today (10/13/2025) in The Boock Report, Peter Boockvar reported Goldman Sachs’ take on who’s paying the tariffs. “If recently implemented and future tariffs have the same eventual impact on prices as the tariffs implemented earlier this year, then US consumers would eventually absorb 55% of tariff costs. They estimate that US companies are eating 22%
Who’s Paying the Tariffs? Read More »
Liquidity in our financial system refers to the overall amount of readily available money and credit in the financial system that can be used for spending, lending, or investment. It includes cash, bank reserves, money market balances, and short-term funding available to financial institutions and markets. You’ve heard about the Fed increasing or decreasing liquidity.
Where Do We Stand on Liquidity? Read More »
The Felder Report this week offers some information from generally well thought of sources on the real impacts of inflation and tariffs. Below is one of the graphs he features. Click on this link to go directly to the article. If you’ve had some sense that perhaps inflation is chronically under reported and aren’t quite
The Real Impact of Inflation and Tariffs Read More »
Britain used to be the world’s great power and it’s currency the world’s currency. What happened? Graeme Thompson explains it in this article he published on Engelsberg Ideas. Here’s the link. He says at the beginning, ” A mercantilist, multipolar geopolitical system appears to be emerging from within the liberal world order, destined to replace
The end of Pax Britannica Read More »