The Only Path Forward for Our Debt

The Only Path Forward for Our Debt

January 6, 2025 Our governmental debt is getting so big that I don’t think we’ll be able to grow our way out of this situation. While economic growth as a sole solution to our debt problem always seemed like a long shot, it’s now as if growth won’t be able to do much...
The Pessimistic Economist

The Pessimistic Economist

October 14, 2024 Ken Rogoff, who is not only an economist and Harvard professor but also a chess grandmaster, thinks we’re going to see more inflation spikes. He also thinks we’re in for higher volatility, inflation, and interest rates, no matter what the...
The Time Has Come

The Time Has Come

October 7, 2024 In September the Federal Reserve changed direction. Fed Chair Jerome Powell came out of the central bank’s Jackson Hole meeting and said the time has come for policy to adjust. In other words, the Fed is lowering interest rates. This follows healthy...