The Fed

As the Fed increases interest rates to reverse the inflation it has caused, firms that depended on easy money will face the bankruptcy judge. Stay tuned; there's more to come.

With negative growth now falling to near –10 percent, money-supply contraction is now the largest we've seen since the Great Depression. 

Despite all of the inflation-fighting talk from the Fed, the truth is that the government benefits from inflating the currency. We need to know how to defend ourselves.

As government regularly intervenes in economic and financial markets, both continue to deteriorate. We must understand the kind of damage government causes.

This episode of Good Money with Tho Bishop features guest Ryan Griggs of Griggs Capital Strategies.

By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.

The government and its central bank act precisely as would a grand counterfeiter, with very similar social and economic effects.

Mark explains why the market for existing homes has been diverging from the market for new houses.

We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger.

Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets.