Monetary Hypertrophy in the United States: From Ben Bernanke to Kevin Warsh
A form of monetary hypertrophy that is ultimately lethal has developed in the United States. No solution is conceivable that would deflate it without causing…
The federal government’s net debt stands at 81.5% of U.S. GDP as of May 14, 2026
The U.S. federal government’s actual net debt is neither extraordinary nor out of control. It is the subject of public opinion manipulation by certain entities….
USA: Monetary Hypertrophy, M3 Money Supply, and GDP Growth, as of May 12, 2026
The significant increase in the U.S. M3 money supply in March did not cause a decline in real GDP, in accordance with my law of…
USA: M3 Money Supply and GDP Growth, as of April 19, 2026
The sharp increase in the M3 money supply in the United States in February logically exacerbates the decline in real GDP growth, in accordance with…
USA: Excessive Growth of M3 Money Supply, as of April 19, 2026
The excessive growth of the U.S. M3 money supply continues to rise: there is an excess of more than $10 trillion compared to normal levels,…
USA: M2 Money Supply and GDP Growth, as of April 07, 2026
The acceleration in the growth of the M2 money supply in February logically leads to a decline in real GDP growth, in accordance with my…