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Author: Charles Hugh Smith

Of Two Minds

Price Doesn’t Reflect Value, and We’re Paying a Steep Price for Confusing the Two

This exploitation is indeed profitable, but there is a very high price to be paid for…

Charles Hugh SmithSeptember 29, 2025October 1, 2025
Of Two Minds

Can Social Security Be Saved for Future Generations?

Are we wise enough to refuse politicians' offer of "free money" to spend today that was…

Charles Hugh SmithSeptember 25, 2025September 26, 2025
Of Two Minds

Money, Credit, Growth and Depression: It’s Complicated

If "growth" is all that matters, that leads to depending on credit and asset bubbles, which…

Charles Hugh SmithSeptember 23, 2025September 24, 2025
Of Two Minds

Is This the Last Bubble?

The consensus holds there will be another bubble after the Everything Bubble pops, but this might…

Charles Hugh SmithSeptember 18, 2025September 22, 2025
Of Two Minds

The Moral Decay of Debt

Debt has moral implications, and in denying this, we're choosing a rendezvous with Nemesis

Charles Hugh SmithSeptember 16, 2025September 17, 2025
Of Two Minds

Precarity and the Point of No Return

Or maybe it's just me, and all is well. Time will tell.

Charles Hugh SmithSeptember 11, 2025September 12, 2025

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