-
The Return of Stagflation
When investing, as in horror films, the most terrifying villains are the ones we thought were dead. Stagflation that economic nightmare of the 1970s characterized by stagnant growth paired with persistent inflation was supposedly dead and buried decades ago. But like any good movie monster, it’s clawing its way back to the surface, and Americans […]
-
Donald Trump and Depression Economics

Somewhere in the universe is a man known as Donald Trump. He has residences in New York, Palm Beach, Florida, and a white columned house at 1600 Pennsylvania Avenue, Washington, D.C. From these well-furnished bungalows, where supplicants meet to greet, monarch butterfly Trump governs his territory ─ planet earth. When the monarch desires a change […]
-
Multipolar World Order, Leading Role of Emerging Economies, and Western Debt: Key Takeaways from Putin’s BRICS Address

President of Russia Vladimir Putin during an expanded meeting of BRICS leaders during the 16th BRICS summit in Kazan. © Sputnik / Stanislav Krasilnikov Russian President Vladimir Putin addressed a meeting of leaders at the BRICS Summit in Kazan on Wednesday. In his speech, he focused on the growing role and prospects of the economic […]
-
Sacred Economics: Shylock as Anti-Christ

Money vs the gift Sacred Economics 100 Deconstructing the Story of Self/ the World Life without prisons Marx’s ‘death knell’ of capitalism, revolution, was the first answer to capitalism’s ills, after which the state would wither away, and we would live in a utopian bliss. The 20th century put paid to that vision, as revolution, […]
-
Is There an Answer to Inflation?

Inflation is a scourge on those cursed with living under the capitalist order. It especially punishes those least able to weather the pain of constantly falling behind rising prices and expanding debt. Inflation harms nearly all working people whose income growth trails the rise in prices, including those with union contracts that bridge periods of […]

