For the first time in most Americans’ lifetimes, they are having to navigate chronic shortages. From bare shelves at discount stores to contract labor being unavailable, the supply ...
Cryptocurrencies have no such track record. They have been driven more by speculation on their widespread adoption and potential use cases than by inflation fears per se.
For the record, I agree with Lacy Hunt. We will eventually go back to a slow-growth, disinflationary environment. I think real GDP will likely average 1% for the rest of this decade because of the debt burden.
Kicking the can down the road is the new national pastime. Every time the government’s bills come due, officials at the Treasury Department find creative ways of paying them with money they don’t have.
The world's money supply has exploded. And yet monetary metals prices in the last 12 months have fallen -- yes, fallen –- gold by 7% and silver by 3.5% -- perhaps the only major assets with prices that have fallen.
Curiously, a metal that often gets left out of the hype over lithium-ion batteries is graphite. There is no substitute for graphite in an EV battery and lithium-ion batteries are ..
