The federal debt represents 80% of US GDP, updated on April 19, 2025

The actual net debt of the US federal government is neither extraordinary nor out of control. It is the subject of public opinion manipulation by…

Trump’s tariffs, Miran, Triffin and monetarism

Donald Trump has once again spectacularly created a great deal of disorder with his tariffs, but these problems need to be analyzed calmly in the…

Free Money Supply, M3 and M2, updated on February 23, 2025

As a reminder, I wrote in my previous article that… I showed in the previous article that, despite the decision by Ben Bernanke when he…

Free money supply after 2006, updated on February 20, 2025

In the previous article, I showed that, despite the decision by Ben Bernanke to stop publishing data on the US M3 aggregate money supply when…

Free money supply and GDP: before 2006 and Ben Bernanke

The law of the free money supply can be stated as follows, for simplicity’s sake: an increase in the free money supply circulation (M3) leads…

American banksters are not US banksters! (updated to January 19, 2025)

Abnormal movements involving several hundred billion dollars were made in the United States by the heads of major banks… NOT American in late 2024-early 2025…