A Dollar’s Value: Intrinsic or Extrinsic

This past week I finished reading author and economist, James Rickards, new release The Death of Money. In this book he covered our modern day economy and what he sees ahead for the future of the United States Dollar. While I can’t cover every aspect of what he...
No Recovery Until 2045?

No Recovery Until 2045?

The economy is now at a perilous point of departure. There was no V-shaped recovery, and one should not be expected. There was a severe contraction in March–April 2020, followed by a recovery in July–September 2020. However, the recovery only made up part of the lost...
Biden Will Face New Depression

Biden Will Face New Depression

Economic growth or decline is the result of factors that are larger than any one administration or any one set of policies. Of course, specific policies such as tax changes or regulatory initiatives can help or hurt the economy depending on how they are designed, but...