Charles Hugh Smith

Here’s Why Housing Is Unaffordable for the Bottom 90%

Posted by on Monday, September 11th, 2023 in Of Two Minds

This is the direct consequence of the Federal Reserve's decades of unprecedented stimulus: extremes of wealth and income inequalit...

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Reinventing Democracy

Posted by on Thursday, September 7th, 2023 in Of Two Minds

The whole point of democracy and free markets is to force competition on elites who are desperate to eliminate competition. ...

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We’re Living in a Neofeudal Bubble

Posted by on Tuesday, September 5th, 2023 in Of Two Minds

If you want to understand the neofeudal reality, study these charts. ...

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September 1, 2025: Fed Reaches Inflation Target, Cheese Sandwich Costs $120

Posted by on Friday, September 1st, 2023 in Of Two Minds

In stock market news, toilet paper manufacturers continued rallying while tech and luxury-brand stocks continued their slide to de...

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STVR/Airbnb Has Destroyed America’s Resort Towns

Posted by on Wednesday, August 30th, 2023 in Of Two Minds

It turns out society isn't just the sum total of the Fed goosing "maximizing shareholder value." People actually have to live in t...

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Neither Comply Nor Resist

Posted by on Monday, August 28th, 2023 in Of Two Minds

The decay of social norms and status quo systems triggering an authoritarian tightening of the screws is a well-worn pattern throu...

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