Author: Charles Hugh Smith

Goodbye To All That: Are Our Rituals of “Prosperity” Increasingly Meaningless?

Goodbye To All That: Are Our Rituals of “Prosperity” Increasingly Meaningless? by Charles Hugh Smith for Of Two Minds The heretical truth is that many of the “consumption rituals” that signified “prosperity” for decades are either meaningless, unaffordable or require...

This Is How It Ends: All That Is Solid Melts Into Air

This Is How It Ends: All That Is Solid Melts Into Air by Charles Hugh Smith for Of Two Minds While the Federal Reserve and the Billionaire Class push the stock market to new highs to promote a false facade...

Inflation Is Stealth Austerity

Inflation Is Stealth Austerity by Charles Hugh Smith for Of Two Minds Rather than decry austerity, which demands an open political discussion of trade-offs, we should decry inflation’s stealthy reduction of purchasing power. Austerity–bad. Inflation–good. Oh wait–they’re the same thing:...