Category Archive: 5.) Charles Hugh Smith

Gresham’s Law and Bitcoin

Rather suddenly, the state issued fiat currency bolivar lost 99% of its purchasing power. Gresham's law holds that "bad money drives out good money," meaning that given a choice of currencies (broadly speaking, "money" that serves as a store of value and a means of exchange), people use depreciating "bad" to buy goods and services and hoard "good" money that is appreciating or holding its value.

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CHARLES HUGH SMITH Printing Money Will Not Save Us From Recession This Time

All our reports and Daily Alert News are backed up by source links. We work very hard to bring you the facts and We research everything before presenting the report. Subscribe for Latest on Financial Crisis, Oil Price, Global Economic Collapse, Dollar Collapse, Gold, Silver, Bitcoin, Global Reset, New World Order, Economic Collapse, Economic News, …

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CHARLES HUGH SMITH – Printing Money Will Not Save Us From Recession This Time

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Here We Go Again: Our Double-Bubble Economy

The bubbles in assets are supported by the invisible bubble in greed, euphoria and credulity. Well, folks, here we go again: we have a double-bubble economy in housing and stocks, and a third difficult-to-chart bubble in greed, euphoria and credulity.

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The Three Crises That Will Synchronize a Global Meltdown by 2025

We're going to get a synchronized global dynamic, but it won't be "growth" and stability, it will be DeGrowth and instability. To understand the synchronized global meltdown that is on tap for the 2021-2025 period, we must first stipulate the relationship of "money" to energy:"money" is nothing more than a claim on future energy. If there's no energy available to fuel the global economy, "money" will have little value.

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Does Anyone Else See a Giant Bear Flag in the S&P 500?

We all know the game is rigged, but strange things occasionally upset the "easy money bet." "Reality" is in the eye of the beholder, especially when it comes to technical analysis and economic tea leaves.

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Burrito Index Update: Burrito Cost Triples, Official Inflation Up 43 percent from 2001

Welcome to debt-serfdom, the only possible output of the soaring cost of living. Long-time readers may recall the Burrito Index, my real-world measure of inflation. The Burrito Index: Consumer Prices Have Soared 160% Since 2001 (August 1, 2016). The Burrito Index tracks the cost of a regular burrito since 2001. Since we keep detailed records of expenses (a necessity if you’re a self-employed free-lance writer), I can track the cost of a regular...

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America 2018: Dicier by the Day

Scrape all this putrid excrescence off and we're left with a non-fantasy reality: everything is getting dicier by the day. If we look beneath the cheery chatter of the financial media and the tiresomely repetitive Russian collusion narrative (that's unraveling as the Ministry of Propaganda's machinations are exposed), we find that America in 2018 is dicier by the day.

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How Systems Collapse

This is how systems collapse: faith in the visible surface of abundance reigns supreme, and the fragility of the buffers goes unnoticed. I often discuss systems and systemic collapse, and I've drawn up a little diagram to illustrate a key dynamic in systemic collapse. The key concepts here are stability and buffers. Though complex systems are never static, but they can be stable: that is, they ebb and flow within relatively stable boundaries...

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Sustainability Boils Down to Scale

Only small scale systems can sustainably impose "skin in the game"-- consequences, accountability and oversight. Several conversations I had at the recent Peak Prosperity conference in Sonoma, CA sparked an insight into why societies and economies thrive or fail: It All Boils Down to Scale. In a conversation with a Peak Prosperity member who goes by MemeMonkey, MemeMonkey pointed out that social / economic organizations that function well at small...

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The Next Recession Will Be Devastatingly Non-Linear

The acceleration of non-linear consequences will surprise the brainwashed, loving-their-servitude mainstream media. Linear correlations are intuitive: if GDP declines 2% in the next recession, and employment declines 2%, we get it: the scale and size of the decline aligns. In a linear correlation, we'd expect sales to drop by about 2%, businesses closing their doors to increase by about 2%, profits to notch down by about 2%, lending contracts by...

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RMR: Special Guest – Charles Hugh Smith – Of Two Minds (05/22/2018)

Charles Hugh Smith, Of Two Minds Blog joins “V” to discuss recent articles on his website, how blockchain and cryptocurrency could free the world of the current financial controllers and balance the powers of society. We are political scientists, editorial engineers, and radio show developers drawn together by a shared vision of bringing Alternative news …

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Charles Hugh Smith On The Intensifying Pension Crisis

Click here for full transcript: http://financialrepressionauthority.com/2018/05/20/the-roundtable-insight-charles-hugh-smith-on-the-intensifying-pension-crisis

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U.S. Healthcare Isn’t Broken–It’s Fixed

If you want to understand why the U.S. healthcare system is bankrupt, financially, morally and politically, then start with this representative anecdote from a U.S. physician. I received this report from correspondent J.F. on the topic of direct advertising of pharmaceutical products to the public (patients).

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A Funny Thing Happened on the Way to Market Complacency / Euphoria

Fortunately for Bulls, none of this matters. A relatively reliable measure of complacency/euphoria in the stock market just hit levels last seen in late January, just before stocks reversed in a massive meltdown, surprising all the complacent/euphoric Bulls. The measure is the put-call ratio in equities. Since this time is different, and the market is guaranteed to roar to new all-time highs, we can ignore this (of course).

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CHARLES HUGH SMITH One More Time At The End of an Economic Cycle Things Will Fall Apart

All our reports and Daily Alert News are backed up by source links. We work very hard to bring you the facts and We research everything before presenting the report. Subscribe for Latest on Financial Crisis, Oil Price, Global Economic Collapse, Dollar Collapse, Gold, Silver, Bitcoin, Global Reset, New World Order, Economic Collapse, Economic News, …

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CHARLES HUGH SMITH – One More Time At The End of an Economic Cycle, Things Will Fall Apart

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How Safe Are We? Our Blindness to Systemic Dangers

How do we explain our obsession with relatively low risk dangers and our collective blindness to manufactured/marketed scourges that kill tens of thousands of people annually? If you've bought a new vehicle recently, you may have noticed some "safety features" that strike many as Nanny State over-reach. You can't change radio stations, for example, if the vehicle is in reverse.

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Use Logic, The Deal, We Are At The End Of The Economic Cycle:Charles Hugh Smith

Today’s Guest: Charles Hugh Smith Websites: Of Two Minds http://www.oftwominds.com Most of artwork that are included with these videos have been created by X22 Report and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place. …

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Taking the Pulse of a Weakening Economy

Corporate buybacks provide the key analogy for the economy as a whole. Central banks have been running a grand experiment for 9 years, and now we're about to find out if it succeeds or fails. For 9 unprecedented years, central banks have pushed the pedal of monetary stimulus to the metal: near-zero interest rates, monumental purchases of bonds, mortgage-backed securities, stocks and corporate bonds.

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