While watching some Steve Keen interviews, I was struck by something. I have known for a long time that mainstream economists pay no attention what so ever to private sector debt levels. I never really dug into why. But Keen specifically touched on …
Small business isn’t hiring, and the reasons are invisible to those without any real-world small business experience.
Most of the discussions about boosting hiring and employment are detached from the realities faced by actual small-business employ…
The Fed likes to strip out the prices of things that are rising in price when it measures inflation, focusing on the “core rate”, rather…
The latest from Charles Hugh Smith…
Pundits and politicos promote a magical myth: a coming small business hiring boom. That fantasy is completely disconnected from the harsh realities of private enterprise.
Regardless of their ideological persu…
Translation of the FOMC meeting minutes is a regular feature of the Wall Street Examiner Professional Edition Fed Report. However, the August meeting was so…
