How much money is too much?

This week Phil challenges Steve on how the futures market handles terminal risk, pointing out that oil prices slope downward over time simply because traders blindly assume the Strait of Hormuz will reopen. Steve agrees and tears into the financial sector, explaining that modern ...  Show more

This week Phil and Steve dismantle the structural shift of the global economy toward a permanent state of debt dependence. Following a critique of Steve’s recent debate on the Piers Morgan show and a revisit to last week’s discussion on th link between energy and productivity, th ...  Show more

With food and heating prices going up, and wages not rising at the same rate, there is pressure on central bankers across the world to tackle inflation. But is this the right approach? And can it be done without crashing the economy?Ed Butler hears from parents at a cheerleading ...  Show more

The Senate just passed the Inflation Reduction Act which seeks to fight inflation on a variety of fronts, but the most pressing question is, will the IRA actually impact inflation?

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Michael Zezas: Welcome t ...

Les récentes mesures prises par le gouvernement américain pour relancer l'économie, touchée par les effets de la crise sanitaire, pourraient entraîner une augmentation de la dette publique. Aussi certains suggèrent-ils une idée originale pour en rembourser une partie.

Inflation has hardly been seen in the developed world economies for the last three decades. But now some economists are warning it could be returning with a vengeance, because of supply chain problems, post-Covid exuberance, and higher wage demands. What is going on, and should w ...  Show more