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Author: Charles Hugh Smith

Of Two Minds

Perverse Incentives Have Created a Runaway Media Monster

A Monster Id of self-reinforcing perverse incentives is gathering strength with every click, every data point…

Charles Hugh SmithMarch 6, 2026March 7, 2026
Of Two Minds

Things Change

In periods of uncommon volatility, crises and transitions manifest in unexpected ways.

Charles Hugh SmithMarch 3, 2026March 5, 2026
Of Two Minds

The War

That I don't have an analysis or insight to offer doesn't mean I don't care. It…

Charles Hugh SmithMarch 1, 2026March 2, 2026
Of Two Minds

The Decay of our Quality of Life No Longer Aligns with the Narrative

It's not just how much money you have, it's whether you still have access to everything…

Charles Hugh SmithFebruary 26, 2026February 27, 2026
Of Two Minds

How We Got Here: Moral Flexibility Leads to Moral Decay

Moral flexibility accumulates. Over time, it leaves you compromised.

Charles Hugh SmithFebruary 25, 2026February 27, 2026
Of Two Minds

Money Is Funny That Way: The Case for USD Supremacy

The point here is not to make a prediction; the point is to keep an open…

Charles Hugh SmithFebruary 23, 2026February 23, 2026

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