Welcome to October or the God of Khaos

Then out of Khaos, Ouranos and Gaia came. They gave birth to the Ourea and the Nesoi. After them was the dark Tartaros. Eros was […]

Dualing Dollars – How would a Bifurcated United States Currency Function?

by John Galt August 19, 2009 A question I get quite often in my email is “When will we see the Amero?” The other version, […]

Here Come the Squadrists

By John Galt January 19, 2009 Salve, o poplod’Eori,Salve, o Patria Immorale!Son rinati I figli tuoiCon la fe’ dell’ideale.Il valor de’tuoi guerrieri,La virtu dei pionieri,la […]

It’s the Solvency Stupid

July 8, 2008 9:12 am By John Galt There has been a lot of speculation and postulation by the Bubblevision crowd and those declaring a […]

The Wile E. Coyote Moment

by John Galt March 20, 2008There is a time when everything in a moment of history coalesces or intersects as I have stated in the […]

The Ballad of Hammerin’ Joe

By John Galt April 29, 2008 This is the storyAbout Hammerin’ Joe,Hittin’ everythingWith his hammer you know, Then one day,He made a mighty hit,And broke […]

Deflationerrory Thinking

By John Galt January 1, 2008 Sigh. There is a philosophical battle among the bears and doomers and it’s really quite frustrating as both parties […]

Painting the Swan

October 11, 2007 By John Galt For the uninitiated, I am a historian by training and hobby, an op-ed writer and blogger by habit. Yes, […]

1%

By John Galt October 24, 2007 1 percent. One out of one hundred. Ten out of one thousand. A miserably low number which neither indicates […]

Goldilocks Autopsy

by John Galt August 2, 2007 Despite the Fantasyland tickets being issued by the Bubblevisionistas, there is an extremely harsh reality sinking in to many […]

2:47

By John Galt August 5, 2007 At approximately 2:47 p.m. Eastern Daylight Time, on Friday August 3, 2007, an individual who used to control billions […]

The Black Pearl is Sinking

By John Galt August 8, 2007 On March 18, 2005, Rob Kirby wrote one of the best articles warning everyone about what the future of […]

It’s Still a Bubble Part 21: Insanity Reigns Supreme

Apparently Jay Powell misunderstood the phrase “irrational exuberance” because instead of extinguishing it by announcing a 50 basis point increase, the Fed went full on […]

Welcome to the BOT

This will be a history lesson for those who have never been here before and a terrifying warning for those who think the policies of […]

What the Fed Really Said Today

I could easily sum up the press conference and statement with a music video: Unfortunately for those who think the Federal Reserve actually has a […]