In Brief: Iran’s Economic Contraction
A 9.5% contraction in real GDP is worse than the US during the worst year of the Great Depression
El-Erian: Markets Have Decoupled from Cautious Economic Outlook
2019 is going to go down as one of the biggest years of monetary policy stimulus
DoubleLine Round Table: Gundlach, Hyman, Bianco, Rosenberg, DiMartino Booth, Romick
Stocks, bonds, interest rates, inflation, and monetary policy
Interest Expense on the National Debt to Rise at Fastest Rate Ever in 2020
The US federal government paid over $375 billion of interest on the national debt in 2019 and will pay roughly $479 billion in 2020
How to Boost Your Country’s GDP Figures Like China
People will keep using the official GDP figure, even if they know that it is wildly wrong, because it is the official figure
Andy Brenner: Fed Balance Sheet Has Been Growing at 30% Annualized Pace
“I think the big surprise this year is going to be higher rates and a steeper curve.”
Inflation Watch: Broad Money Growth in US the Fastest Since 2008, 40% Above Average Since 1968
What happens when inflation returns and central banks cannot combat it without destroying the financial bubbles that they have engineered in its absence?
Map: The History of Italy After the Fall of the Roman Empire
The changing borders and rulers of Italy after the fall of Roman Empire, from the Ostrogroths to the Papal States, Naples, and the Venetian Republic, right up until today
Steve Hanke: It’s All About the Money Supply
“Interest rates follow growth in the money supply, not the other way around”
Map: Where the US Economy Actually Is
Together, California, Texas, and New York make up nearly a third of US GDP