Reports

Given the rising prosperity we keep hearing about, shouldn’t we be able to provide minimum wage workers the same purchasing power they enjoyed 50 years ago in 1970? This is a very simple proposition: either we can provide minimum wage workers the same purchasing power they enjoyed 50 years ago ...

Early in the pandemic, I had been furiously writing articles about lockdowns. My phone rang with a call from a man named Dr. Rajeev Venkayya. He is the head of a vaccine company but introduced himself as former head of pandemic policy for the Gates Foundation. Now I was listening. ...

This time last year, I was researching and writing my latest book, The New Great Depression. The book is mostly about the economy, but of course, it was impossible to write about the economic impact of COVID without considering the source of COVID and the policy response to the pandemic, ...

Ms. Janet Yellen is talking again. From comments Sunday: “If we ended up with a slightly higher interest rate environment it would actually be a plus for society’s point of view and the Fed’s point of view.” A higher interest rate environment would likely arise from a higher inflation environment. ...

Today we stagger into the Minotaur’s maze of money… It may be familiar space to you. But a man must occasionally remind himself of his surroundings… fix his bearings… take stock of his position. And so we proceed… You sink your hand into your wallet. It resurfaces grasping a $20 ...

Yawns on Wall Street today… The Dow Jones scratched out a light 10-point gain. The S&P gained seven; the Nasdaq, 80. The 10-year Treasury yield inched higher, gold inched lower. If it’s excitement you seek, Bitcoin gained 3% in today’s trading. But as we often note: The fleeting fancies of ...

Mr. Biden will issue his first budget proposal tomorrow morning. Under his scheme: The federal government would ladle out $6 trillion in fiscal year 2022. Annual portions would expand to $8.2 trillion by 2031. The United States government has not spent so deliriously since the Second World War. The New ...

Beneath all the psychotic babble that’s afflicting the collective national hive-mind over a pandemic that comes and goes in waves, and phantoms of contrived identity animus, looms an economy that would collapse without gigantic IV infusions of “money” from the false god that our government has become. The collapse is ...

In Chapters One and Two of my new book, The New Great Depression, I explain how the pandemic originated from a bioweapons laboratory in Wuhan, China and how the virus spread around the world, regardless of policies such as lockdowns and masks, which proved to be useless. But, in Chapter ...

If you like roller coaster rides, then you should love Bitcoin. Bitcoin investors have been on a stomach-churning ride for the past few months. Bitcoin traded at $33,537 on February 1 before really taking off. By mid-April, it topped out at around $64,829 before sliding down. Last Wednesday, Bitcoin suffered ...