Is Capitalism Destroying the American Economy?

The Fed has begun the battle against double-digit inflation. CNBC reports they are raising interest rates (very slowly) and announced: “Officials “generally agreed” that a maximum of $60 billion in Treasuries and $35 billion in mortgage-backed securities would be allowed to roll off, phased in over three months and likely starting in May.” CNBC adds: “While officials did not make […]

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Interest Rates Are Rising, So Now What?

When the Fed bailed out the banks in 2008, interest rates dropped to historic lows. Many retirees were heavily invested in CDs and quality bonds earning a safe 6% interest, paying their bills, and enjoying their golden years. Overnight, trillions in CDs and bonds were called in, savers lost a major portion of their anticipated income as interest rates dropped […]

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The Consequences Of Ignoring Reality

Famed philosopher Ayn Rand told us, “You can choose to ignore reality; but you cannot ignore the consequences of ignoring reality.” If you bury your head in the sand long enough, you will eventually get bit in the ass…. Inflation has been skyrocketing and the government/media can no longer ignore it. John Williams, at Shadowstats.com calculates inflation using the same […]

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Translating The Message – And It Isn’t Pretty!

Last fall the Fed said it began “tapering” the amount of debt securities they were buying. This Wall Street on Parade (WSOP) headline reports; “Since the Fed Announced It Was ‘Tapering’ Last November, It’s Actually Added $332 Billion in Liquidity with New Debt Security Purchases.” The Fed says one thing and does another; they continued buying debt at the rate […]

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Bad Decisions Are Causing BIG Problems

Since the 2008 bank bailouts, readers regularly ask, “what the hell is going on?” I’m not an economist, but I’ll try to explain things – and it isn’t pretty. A major plank in problem-solving is, “Look at the consequences of your decisions, don’t let your solutions cause bigger problems.” “You can choose to ignore reality; but you cannot ignore the […]

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Best of Dennis – The Fed Doesn’t Have A Problem With Fake Money – America Does!

Best of Dennis… Dennis is tending to his health again but is on the mend and hopes to be back writing very soon. Here’s another article from almost exactly a year ago that I felt was relevant and worthy of a re-read. This article was originally posted on December 17, 2020. The Fed Doesn’t Have A Problem With Fake Money […]

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