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Author: Charles Hugh Smith

Of Two Minds

Everyone Loves a Generous Government Until They Have to Pay For It

Not only does everyone love getting "free money" from the state, they also love hearing the…

Charles Hugh SmithDecember 22, 2023December 28, 2023
Of Two Minds

The Fed’s Empire of Speculation and the Echoes of 1929

Speculation has its own expiration dynamics, and they don't depend on us recognizing speculative excess for…

Charles Hugh SmithDecember 19, 2023December 20, 2023
Of Two Minds

Could America Have a French-Style Revolution?

Combine all these factors and the result is a potentially volatile mixture awaiting a catalyst.

Charles Hugh SmithDecember 10, 2023December 11, 2023
Of Two Minds

Irony Alert: The American Dream Is Only Affordable Overseas

This is not to suggest living/working overseas is a panacea or easy--it isn't.

Charles Hugh SmithDecember 6, 2023December 7, 2023
Of Two Minds

We Feel Poorer Because We Are Poorer: Here’s Proof

Measured by the purchasing power of our wages/work, we're definitively poorer, as it takes far more…

Charles Hugh SmithDecember 3, 2023December 4, 2023
Of Two Minds

Never Mind Bogus Measures of Inflation–Purchasing Power Is What Counts, and It’s Decaying

If your earnings rose by 34% from January 2020 to October 2023, congratulations, the purchasing power…

Charles Hugh SmithNovember 30, 2023December 4, 2023

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