The US Money Supply Was up 37 Percent in November

The US Money Supply Was up 37 Percent in November

In November, money supply growth rate was essentially unchanged from October and remains near September’s all-time high. The stabilization we find in money-supply growth in recent months comes after eight months of record-breaking growth in the US which came in...
Next Up: Global Depression

Next Up: Global Depression

The belief that central banks printing currency can “buy/fix” everything that’s broken, lost or scarce is the ultimate in denial, fantasy and magical thinking. Let’s revisit the pandemic projection chart I prepared on February 2, 2020, nine...
The Mother Of All Stock Market Bubbles

The Mother Of All Stock Market Bubbles

Never before in US equity market history was there as great a disconnect between economic reality and equity prices as now…   At a time of economic collapse and likely protracted US Depression, market valuations are at or near all-time highs. David Stockman...