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Author: Charles Hugh Smith

Of Two Minds

Dear Fed: Are You Insane?

So sorry, America, but your central bank is certifiably insane, and it's not going to magically…

Charles Hugh SmithAugust 11, 2021August 11, 2021
Of Two Minds

The End of Global Tourism?

August 9, 2021 Viewed as a complex non-linear system, the pandemic varinants can only be controlled…

Charles Hugh SmithAugust 9, 2021August 9, 2021
Of Two Minds

Stripmining the Middle Class: Neoliberalism Comes Home to Roost

But once this last pool of wealth--America's middle class-- has been siphoned dry, then who's left…

Charles Hugh SmithAugust 6, 2021August 6, 2021
Of Two Minds

While the Herd Slumbers, Risk Is Rocketing Higher

This wholesale transfer of risk from elites to the workers is finally becoming consequential as wealth…

Charles Hugh SmithAugust 4, 2021August 5, 2021
Of Two Minds

What’s Behind the Inflation Hall of Mirrors?

The global economy may have finally run up against hard limits of "infinite substitution" and "infinite…

Charles Hugh SmithAugust 3, 2021August 4, 2021
Of Two Minds

Why Don’t Billionaires Pay the Same High Tax Rates the Rest of Us Pay?

The truth is America has lost its way if commoners pay a rate of 40% but…

Charles Hugh SmithJuly 30, 2021August 3, 2021

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