May 2024

In this article I focus on two reasons why inflation will rise leading to higher, not lower, interest rates and bond yields. The first is the destruction of credit’s value through its non-productive expansion, mainly by governments running budget deficits. The second has had almost no attention but is at least as serious: the consequences […]

The night before my annual medical visit I spent a near sleepless night dealing with issues related to my daughter’s illness. During that night I felt irritation in my right eye. In the morning I realized I was spraying mouthwash all over the bathroom because I could not keep the right side of my mouth

A few weeks ago, the Guardian published a video of U.S. Secretary of State Anthony Blinken performing a cover of Neil Young’s “Keep On Rockin’ in the Free World” with noisy band in a bar in Kiev. The video conjured embarrassing memories from my own distant past, when I occasionally inflicted bad performances of three chord songs

The nation-state is coming to its end. And thank god for that. For five hundred years, since the emergence of Spain and England as more than a collection of defeated princedoms and duchies but coherent entities with shared customs, religions, allegiances, and language, the nation-state has been the way most societies have ordered their polities.

I suppose my title could have been couched in the singular form, as Hermann Hesse, the Nobel Prize winning German/Swiss author, did with his collection of anti-war essays about World War I (the war to end all wars that didn’t), If The War Goes On . . .   Or more appropriately, I might have eliminated

In case you haven’t read it lately—or perhaps you’ve never read it—the mission statement of the Mises Institute states that the Institute “exists to promote teaching and research in the Austrian school of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.” For those who find

Just when you thought “Neocon Nikki” could not sink any lower, former Greek Finance Minister Yanis Varoufakis has posted on Twitter/X a deeply disturbing photo of former Republican presidential candidate – and reportedly in the running for Trump’s VP pick – in Israel signing bombs destined for Palestinian refugees living in tents in Rafah with the slogan, “FINISH THEM!”

International Man: There is growing interest on social media in gambling on companies based on hype rather than business fundamentals like growth and profits. What do you make of the rise of so-called meme stocks? Doug Casey: First, let’s define some relevant words: Investing, speculating, and gambling. When you invest, you’re allocating capital to create more wealth.

It is said a picture is worth a thousand words. Here is a paragraph that tells a story: “Former United States President Donald J. Trump, currently facing 34 felony counts in criminal court, is campaigning for re-election this fall by taking shots at the increasingly popular electric car industry. Trump has already called for oil and gas industry executives

When I was growing up, I was taught that the world started with an explosion. But even as a child I thought: Okay. But where did the stuff that exploded come from? Who put it there? What made it explode? The ultimate question is: Why is there something rather than nothing? We all know this is a question that