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Image | The Federal Reserve Is Directly Monetizing US Debt
The Federal Reserve Is Directly Monetizing US Debt
by Chris Martenson

The Federal Reserve is now directly monetizing US federal debt.

Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise.

But it’s not terribly difficult to predict what’s going to happen next: the Federal Reserve will drop the secrecy and start buying US debt openly.

At a time, mind you, when US fiscal deficits are exploding and foreign buyers are heading for the exits.
The Federal Reserve Is Directly Monetizing US Debt
 by Chris Martenson

The Federal Reserve is now directly monetizing US federal debt.

Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise.

But it’s not terribly difficult to predict what’s going to happen next: the Federal Reserve will drop the secrecy and start buying US debt openly.

At a time, mind you, when US fiscal deficits are exploding and foreign buyers are heading for the exits.
Image | Sympathy For The Devil?
Sympathy For The Devil?
by Chris Martenson

We're at the point where those at the apex of power are becoming increasingly desperate to maintain their unfair advantage.

And as the economic pie refuses to grow due to the twin overload of too much debt and declining net energy, these apex predators will turn on each other — first to maintain their spoils, and then simply to survive.
Sympathy For The Devil?
 by Chris Martenson

We're at the point where those at the apex of power are becoming increasingly desperate to maintain their unfair advantage.

And as the economic pie refuses to grow due to the twin overload of too much debt and declining net energy, these apex predators will turn on each other — first to maintain their spoils, and then simply to survive.
Image | Banks Are Evil
Banks Are Evil
by Chris Martenson

I don’t talk to my classmates from business school anymore, many of whom went to work in the financial industry.

Why?

Because, through the lens we use here at PeakProsperity.com to look at the world, I’ve increasingly come to see the financial industry — with the big banks at its core — as the root cause of injustice in today’s society. I can no longer separate any personal affections I might have for my fellow alumni from the evil that their companies perpetrate.

And I’m choosing that word deliberately: Evil.
Banks Are Evil
 by Chris Martenson

I don’t talk to my classmates from business school anymore, many of whom went to work in the financial industry.

Why?

Because, through the lens we use here at PeakProsperity.com to look at the world, I’ve increasingly come to see the financial industry — with the big banks at its core — as the root cause of injustice in today’s society. I can no longer separate any personal affections I might have for my fellow alumni from the evil that their companies perpetrate.

And I’m choosing that word deliberately: Evil.
Image | Off the Cuff: Eventually Fundamentals Win Out
Off the Cuff: Eventually Fundamentals Win Out
 PREVIEW
by Chris Martenson

In this week's Off the Cuff podcast, Chris and John Rubino discuss: Senseless Markets Today, they only serve as a "liquidity gage" Negative Data Everywhere Economic growth is moribund despite the historic stimulus Setting The Market Free 100% in our best interest, but will be fought the entire way Eventually Fundamentals Will Win Out You…
Off the Cuff: Eventually Fundamentals Win Out
 PREVIEW by Chris Martenson

In this week's Off the Cuff podcast, Chris and John Rubino discuss: Senseless Markets Today, they only serve as a "liquidity gage" Negative Data Everywhere Economic growth is moribund despite the historic stimulus Setting The Market Free 100% in our best interest, but will be fought the entire way Eventually Fundamentals Will Win Out You…
How The Federal Reserve Is Purposely Attacking Savers
by Chris Martenson

There's something we 'regular' citizens wrestle with that the elites never seem to: a sense of moral duty.

In a perfect world, we would honor our debts and obligations, every one of us. But the world is an imperfect place ,and moral obligation is something that almost never enters into the decision matrix of our society's richest. Or the banking industry.
How The Federal Reserve Is Purposely Attacking Savers
 by Chris Martenson

There's something we 'regular' citizens wrestle with that the elites never seem to: a sense of moral duty.

In a perfect world, we would honor our debts and obligations, every one of us. But the world is an imperfect place ,and moral obligation is something that almost never enters into the decision matrix of our society's richest. Or the banking industry.
Image | Are You Crazy To Continue Believing In Collapse?
Are You Crazy To Continue Believing In Collapse?
by JHK

It’s nerve-wracking to live in the historical moment of an epic turning point, especially when the great groaning garbage barge of late industrial civilization doesn’t turn quickly where you know it must, and you are left feeling naked and ashamed with your dark worldview, your careful preparations for a difficult future, and your scornful or tittering relatives reminding you each day what a ninny you are to worry about the tendings of events.

Persevere. There are worse things in this life than not being right exactly on schedule
Are You Crazy To Continue Believing In Collapse?
 by JHK

It’s nerve-wracking to live in the historical moment of an epic turning point, especially when the great groaning garbage barge of late industrial civilization doesn’t turn quickly where you know it must, and you are left feeling naked and ashamed with your dark worldview, your careful preparations for a difficult future, and your scornful or tittering relatives reminding you each day what a ninny you are to worry about the tendings of events.

Persevere. There are worse things in this life than not being right exactly on schedule
Image | Protecting Your Wealth from Deflation
Protecting Your Wealth from Deflation
 PREVIEW
by Chris Martenson

Executive Summary The current gold slam has *nothing* to do with the fundamentals for precious metals, which are very favorable right now How bad would deflation be? Evidence that deflation is arriving Why our current monetary system has become so compromised by the banks How to best protect your wealth from both deflation and the…
Protecting Your Wealth from Deflation
 PREVIEW by Chris Martenson

Executive Summary The current gold slam has *nothing* to do with the fundamentals for precious metals, which are very favorable right now How bad would deflation be? Evidence that deflation is arriving Why our current monetary system has become so compromised by the banks How to best protect your wealth from both deflation and the…
Image | James Howard Kunstler: The Dangers of the Age of Delusion
James Howard Kunstler: The Dangers of the Age of Delusion
by Chris Martenson

It’s characteristic of the time that we’re living in that there simply is no sense of consequence. And that’s exactly what you get when you have a Federal Reserve that’s out of control and a public that is filled with technological narcissistic visions of Santa Claus delivering rescue remedies on demand. And so there’s no general sense that when you do things, bad things can happen. 

James Howard Kunstler is concerned. Sure, he still has the same issues with the West's highly energy-consuming suburban lifestyle that he famously brought to light in his books, The Long Emergency, the World Made by Hand series, and Too Much Magic. But beyond our decaying fundamentals, he's distressed by society's unwillingness to be honest with itself about the issue's it's facing.

James Howard Kunstler: The Dangers of the Age of Delusion
 by Chris Martenson

It’s characteristic of the time that we’re living in that there simply is no sense of consequence. And that’s exactly what you get when you have a Federal Reserve that’s out of control and a public that is filled with technological narcissistic visions of Santa Claus delivering rescue remedies on demand. And so there’s no general sense that when you do things, bad things can happen. 

James Howard Kunstler is concerned. Sure, he still has the same issues with the West's highly energy-consuming suburban lifestyle that he famously brought to light in his books, The Long Emergency, the World Made by Hand series, and Too Much Magic. But beyond our decaying fundamentals, he's distressed by society's unwillingness to be honest with itself about the issue's it's facing.

Image | The Trends to Watch in 2013
The Trends to Watch in 2013
by charleshughsmith

 

Rather than attempt to predict the unpredictable – that is, specific events and price levels – let’s look instead for key dynamics that will play out over the next two to three years. Though the specific timelines of crises are inherently unpredictable, it is still useful to understand the eventual consequences of influential trends.

In other words: policies that appear to have been successful for the past four years may continue to appear successful for a year or two longer. But that very success comes at a steep, and as yet unpaid, price in suppressed systemic risk, cost, and consequence.
The Trends to Watch in 2013
 by charleshughsmith

 

Rather than attempt to predict the unpredictable – that is, specific events and price levels – let’s look instead for key dynamics that will play out over the next two to three years. Though the specific timelines of crises are inherently unpredictable, it is still useful to understand the eventual consequences of influential trends.

In other words: policies that appear to have been successful for the past four years may continue to appear successful for a year or two longer. But that very success comes at a steep, and as yet unpaid, price in suppressed systemic risk, cost, and consequence.
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I’ve been doing a lot of thinking about the needs and sustainability of our family. We have six young children, our oldest just turned 12 and our youngest just turned 3 months old. I love the considerations that the article had above and thought I would add a few things that I have considered for our situation. My...
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