Checking In On Five Long-Term Cycles

Checking In On Five Long-Term Cycles

This article was originally published by Charles Hugh Smith at Of Two Minds Blog.  The decline phase of S-Curves can be gradual or a cliff-dive. Way back in 2007 I charted five long-wave cycles that I reckoned consequential: 1. Public debt (accumulating federal...
When Fiat Currency Stops Being Money

When Fiat Currency Stops Being Money

This article was originally published by Daniel Lacalle at The Mises Institute.  Most emerging and developed market currencies have devalued significantly relative to the United States dollar in 2021 despite the Federal Reserve’s aggressive monetary policy....