Over the last 5,000 years, what has made the concept of debt so strangely powerful?
The Sad State of US and Global Economic Affairs

If — or is it already when — the current crisis ends with the United States of America fiscally and monetarily bankrupt, the idea of a full-blown depression becomes all too real.
Coronavirus and the World Economy: What to Expect?

An unprecedented economic policy response to an extreme medical emergency.
The West and Japan’s Response to Cheap Money
In every culture, low interest rates impact the fabric of society and mindsets in distinct ways. Each country thus develops its unique manifestation of nihilism.
Why Negative Interest Rates Are So Pernicious

Interest rates are the mechanism by which risk links the world of economics and society.
The Eurozone “Soviet”?

Negative interest rates have a pernicious effect on human beings. They corrode the structures of society, culture and people’s mindsets, triggering widespread resignation and even nihilism.
The World of Negative Interest Rates: An Introduction

We now witness the marks of the inverted universe of ultra-loose monetary policy and lax central banking.
How the US Fed Tries to Discipline Trump
The Fed’s current interest rate increases are to tamp down the possibly very dangerous effects of fiscal recklessness during a time of a booming U.S. economy.
Economic Reason Returning to Turkey?
The surprisingly strong interest rate hike in Turkey makes a recession even more likely.