A $280 Trillion Problem

Man smashing debt ball

As the Fed helps push equities higher through an expansion of the money supply, we believe there are two key potential threats that will drive policy decisions for the foreseeable future: the demographic cliff and record-high debt levels. In today’s Weekly Intelligence Newsletter, we’ll explore how retiring baby boomers and historically high debt levels are combining to create […]

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Ceaseless Decline in Velocity of Money Must Concern Fed

velocity of money continues to decline

The Federal Reserve, anemic growth, and an aging population are causing the velocity of money in the United States to crater. While many believe trillions in stimulus will cause inflation, low-interest rates are providing little incentive for banks to lend when the return on their loans is low. The bottom line is that people are […]

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Why Central Banks Will Give Money Directly to Spenders

central banks

In an almost frightening foreshadowing of the future, Ray Dalio outlines in 2016 how central banks will deliver stimulus in the future. Dalio contends that central banks will get so desperate they will give money away. With upwards of $6 trillion committed from the U.S. government and the Fed, this has now become a reality. […]

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