John Rubino

Articles by John Rubino

WASHINGTON (Reuters) - U.S. home resales surged to a 5-1/2-year high in May as first-time buyers stepped into the market, the latest indication that housing and overall economic activity were gathering steam in the second quarter.

First...
Guys, please. As much as we all love a good crisis, this is getting really tiresome. The threats, the name-calling, the apocalypse certain to occur if one side doesn't immediately cave to the other's unreasonable demands. Seems like your...
Something amazing has happened in the energy market. The cost of solar power has fallen to the point where, in a growing number of places, it's cheaper than the electricity that utilities deliver from their coal-fired power plants. And its...
In 2005 a New Jersey car dealer named Chris Duane started questioning the system that let his customers borrow ridiculous amounts of money to buy the frivolous things he was selling. He studied a little monetary history and concluded that...
During a 2011 congressional banking subcommittee hearing, Texas congressman Ron Paul - long a champion of gold's role in the financial world - asked Federal Reserve Chairman Ben Bernanke if gold is money. "No," replied Bernanke, "It's...
Business Insider just posted a Deutsche Bank chart that illustrates the difference between life under the Classical Gold Standard and today's "modern" forms of money. It's for the UK only but is a pretty good representation of the world in...
Of all the problems with fiat currency, the most basic is that it empowers the dark side of human nature. We're potentially good but infinitely corruptible, and giving an unlimited monetary printing press to a government or group of...
Today's US employment report was the best in years. 300,000+ new jobs, rising wages, fewer people dropping out of the workforce, the whole package. Very hopeful. And also curious, since the rest of the world seems to be moving in the other...
Depending on which expert is talking, the world is either falling into a deflationary abyss or launching an inflationary moonshot. What’s truly weird and fascinating is that they’re both right. The mountain of debt taken on in the past few...
With US QE about to end, the rest of the world faced the prospect of another "taper tantrum" financial crisis, one that this time around could suck the world into a deflationary vortex. So it should come as no surprise that the end of QE...

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