the daily reckoning

Will Trump Nominate Gold Standard Advocate to Fed?

This post Will Trump Nominate Gold Standard Advocate to Fed? appeared first on Daily Reckoning. Is Trump preparing to nominate a pro-gold standard economist to the Federal Reserve?... Goldman Sachs

Dollar Dominance Under Multiple, Converging Threats

This post Dollar Dominance Under Multiple, Converging Threats appeared first on Daily Reckoning. Russia and China lead the world away from the dollar, and how a gold-backed digital currency could

Japan on a Larger Scale

This post Japan on a Larger Scale appeared first on Daily Reckoning. Jim Rickards is five years ahead of the financial elite... Ben Bernanke accomplishes the exact opposite of what he tried to

Taxed to Death

This post Taxed to Death appeared first on Daily Reckoning. Did medieval serfs have more economic freedom than modern Americans?... The government waste your tax money funds… The black hole of

Saudis Threaten to End Petrodollar

This post Saudis Threaten to End Petrodollar appeared first on Daily Reckoning. Would the U.S. have actually invaded Saudi Arabia to seize its oil?... How the U.S. Congress may provoke the Saudis into
Today’s Shocking Financial Conditions

Today’s Shocking Financial Conditions

This post Today’s Shocking Financial Conditions appeared first on Daily Reckoning. Direct evidence that markets move in tandem with financial conditions... One leading indicator that the current debt

A Glimpse of the Future, Part II

This post A Glimpse of the Future, Part II appeared first on Daily Reckoning. It’s the economy, stupid... Expect to hear a lot more about MMT, universal Medicare, free college and more... The Federal

A Glimpse of the Future

This post A Glimpse of the Future appeared first on Daily Reckoning. The global economy once again weighs on Wall Street... The Federal Reserve is trapped between a rock and a very hard place... A
Brexit: No Good Options

Brexit: No Good Options

This post Brexit: No Good Options appeared first on Daily Reckoning. Britain could be damned if it stays, damned if it goes... The post Brexit: No Good Options appeared first on Daily Reckoning.

No Good Options

This post No Good Options appeared first on Daily Reckoning. Britain is scheduled to leave the European Union in just four days, but neither side can agree on divorce settlement... Brexit comes at a

Exposing the Myth of MMT

This post Exposing the Myth of MMT appeared first on Daily Reckoning. The Green New Deal would cost how much!?... Why MMT advocates may have the better arguments against traditional Keynesians... The

The Real Problem With Modern Monetary Theory

This post The Real Problem With Modern Monetary Theory appeared first on Daily Reckoning. MMT is built around a bogus definition of money... The post The Real Problem With Modern Monetary Theory

A Recipe for Massive Government Spending

This post A Recipe for Massive Government Spending appeared first on Daily Reckoning. How can the government spend massive amounts of money without raising your taxes?... “Get used to the rise of MMT.
The Government’s Greatest Con Job

The Government’s Greatest Con Job

This post The Government’s Greatest Con Job appeared first on Daily Reckoning. The evolution of a government swindle, told in U.S. currency... What exactly is lawful money?... The post The

Can Technology Save Us?

This post Can Technology Save Us? appeared first on Daily Reckoning. “Creative destruction” — a balanced look... What happens when robots can perform all human labor?... The post Can Technology Save

REVEALED: The True Inflation Rate

This post REVEALED: The True Inflation Rate appeared first on Daily Reckoning. Do the Federal Reserve’s primary inflation models underestimate inflation by a full percentage point?... “The obsessive

The Worst Jobs Report Since 2017

This post The Worst Jobs Report Since 2017 appeared first on Daily Reckoning. The February jobs report massively disappoints expectations... If it’s not the weather to blame, it’s something else...

Bull Market — or Bear Market Rally?

This post Bull Market — or Bear Market Rally? appeared first on Daily Reckoning. The post-Christmas surge has been “the sharpest rally since the global financial crisis recovery”... Why the stock

The Worst Economy Ever?

This post The Worst Economy Ever? appeared first on Daily Reckoning. What Napoleon can tell us about today’s stock market... “The current economy has underperformed the worst economy”... How stock

Another Government Debt Crisis?

This post Another Government Debt Crisis? appeared first on Daily Reckoning. The latest debt ceiling deadline arrives this Friday... Embarrassment for those incapable of feeling embarrassment... The