Ryan McMaken Archives - Rethinking the Dollar

The Covid Stimulus Isn’t Like Other Stimulus. It’s Much Bigger.

Aug 27, 2021 | Economic Collapse

When it comes to policy debates, it’s now pretty clear that if you’d like to sound very quaint and old fashioned, be sure to express some concerns over the size of the federal budget and deficit spending. Such concerns are now taken about as seriously by the average...

It’s Not “Just Property”: How Looting Destroys Lives and Low-Income Neighborhoods

Sep 3, 2020 | Economic Collapse

It’s now become fashionable on the Left to defend looting as a means of redistributing wealth from allegedly unworthy business owners to the more-deserving looters themselves. “It’s just property!” is the refrain, with the implication being that property owners should...

2020 Will Be a Record-Breaking Year for Debt. How Long Can This Last?

Aug 28, 2020 | Economic Collapse

The deficit narrowed during July after months of record shortfalls in federal tax revenues. During April, May, and June of this year deficits surges to unprecedented highs as economic activity dried up, workers were furloughed and laid off, and tax payments were...

Money-Supply Growth Hits New High for Third Month in a Row

Jul 27, 2020 | Economic Collapse

The growth rate has never been higher, with the 1970s the only period that comes close.. In June, for the third month in a row, money supply growth surged to an all-time high, following new all-time highs in both April and May that came in the wake of unprecedented...

US EMPLOYMENT STALLS AS TRILLION-DOLLAR DEFICITS MOUNT

Jul 19, 2020 | Economic Collapse

Hopes that the economy might soon roar back and bring some relief from skyrocketing deficits remain unfounded for now… New tax revenue data released by the Treasury Department on Monday shows that tax revenue further worsened in June (compared year over...