Author: Charles Hugh Smith

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:...

The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy

The Pandemic Is Accelerating Trends That Are Disrupting the Foundations of the Economy by Charles Hugh Smith for Of Two Minds The problem is the economy that’s left has no means of creating tens of millions of jobs to replace...

How Nations Collapse: Disunity

How Nations Collapse: Disunity by Charles Hugh Smith for Of Two Minds They may just opt out of the whole insane charade and stop paying the mountains of debt and stop trying to prop up the deranging pretense of middle-class...