Posts with Keyword “macroeconomics”

There is a popular myth that planned economies do not have economic cycles. This goes against well-documented deep, lasting recessions that preceded the downfall of the Eastern Block. Today, I try to set the record straight as concisely as possible.

Most commentators on the Evergrande saga took the perspective of a speculator. However, there are more profound global economic and geopolitical considerations that they miss.

50 years ago, Nixon closed the Gold Window, defaulting on US liabilities. 50 years later, the Fed is cornered, and the danger of a spectacular collapse of the USD is something that we must be prepared for.

US's exorbitant privilege is a factor in the fall of the Soviet Union often overlooked. In this article, I discuss how money printing by the USA led to the c...