September 1, 2025: Fed Reaches Inflation Target, Cheese Sandwich Costs $120
In stock market news, toilet paper manufacturers continued rallying while tech and luxury-brand stocks continued their…
Author: Charles Hugh Smith
STVR/Airbnb Has Destroyed America’s Resort Towns
It turns out society isn't just the sum total of the Fed goosing "maximizing shareholder value."…
Neither Comply Nor Resist
The decay of social norms and status quo systems triggering an authoritarian tightening of the screws…
The AirBnB Bubble Popping Will Pop the Housing Bubble
This is how bubbles collapse: the "vital few" 4% sell at whatever the market will bear,…
The Problem Isn’t a Housing Shortage, It’s the Concentration of Ownership by the Wealthy
This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and…
No, Central Banks Won’t Save Us This Time
So hey, central bank cheerleaders, lackeys, toadies, apologists, apparatchiks and sycophants: no, the central banks aren't…