Category Archives: How my views differ from those of other economists and other schools of thought.

Watch Free Video: QE Is Debt Cancellation

April 16, 2015

Yesterday, I send a blog with a link to a new CNBC interview and a second link to a free video explaining the details of how central banks have effectively cancelled trillions of dollars of government debt and are in the process of cancelling trillions more. The link to the second video did not work,  Continue Reading »

New CNBC Interview: QE Is Debt Cancellation

April 15, 2015

This morning I was interviewed on CNBC Asia in Hong Kong.  We discussed how central banks around the world are effectively cancelling trillions of dollars worth of government debt.  Here’s the link to the interview: This is a very important subject with incredibly important policy implication, but few people understand it.  I hope you  Continue Reading »

Has The Next Recession Begun?

April 7, 2015

Recent economic data has been startlingly bad. The Atlanta Fed’s GDPNow model suggests US GDP will grow by only 0.1% during the first quarter. The financial markets are positioned for interest rate hikes. How would they respond if this new economic “soft patch” turns into a recession – as I expect it will? If the  Continue Reading »

The McAlvany Interview: QE 4? “They’ll have to.”

November 22, 2014

The McAlvany Weekly Commentary is simply one of the very best sources of information and analysis on monetary, economic and geo-political news available to the public today. Recently, David McAlvany invited me back to his show to discuss the state of the global economy at the end of 2014. It is always a pleasure to  Continue Reading »

Bullard’s Call To Extend QE Halts Market Panic

October 17, 2014

Yesterday morning, St Louis Fed President James Bullard stopped the stock market crash in its tracks. In a live interview on Bloomberg Television, he said: “…I think a reasonable response of the Fed in this situation would be to … go on pause on the taper…” (i.e. to extend Quantitative Easing). When he began that  Continue Reading »

How Strong Is The US Economic Recovery?

September 9, 2014

A new Macro Watch video has been uploaded and is now ready to watch. Judging from most press reports, it would be easy to form the impression that the US economy is booming. It’s not. This video presents a balanced assessment of the health of the US economy. After $6 trillion of budget deficits, 0%  Continue Reading »

New Radio Interview: Why No Taper?

September 26, 2013

Last week I was in Kuala Lumpur.  There I had an interesting conversation with Julian Ng  of BFM radio.  We discussed: Why the Fed decided not to taper QE How the economy really works now The purpose and goal of Capitalism, and Why it is impossible to return to a Gold Standard. To listen to  Continue Reading »

China consensus is dead wrong, says Duncan

November 13, 2012

Please find below an interview posted on MarketWatch today. Bangkok-based economist and author Richard Duncan says a chorus of economists pointing to a rebound in China may well be proven wrong, as he believes the nation is headed into a serious crisis. Since the darkest hours of the 2008 global economic meltdown, China has made  Continue Reading »

The Capital Account Interview: The Death of Capitalism and Everything After

October 18, 2012

I recently had a lively conversation with charismatic Lauren Lyster on Capital Account in Washington D.C. We discussed the death of Capitalism in World War I, the rise of Creditism, QE3, gold and how to avoid a new Great Depression. To watch this video, Google “Capital Account Richard Duncan” and it will pop up.

Author Talk with Jeff Glor on

October 8, 2012

I recently had a long chat with Jeff Glor on Author Talk, in New York. Longer interviews like this one are a nice change from the ones that last only 3 to 5 minutes, where it’s necessary to speak in bullet points. Here’s the link (Note: If the link does not take you directly  Continue Reading »

The Squawk Box Interview: The New Depression?

August 22, 2012

I’m in New York this week, promoting The New Depression. On Monday, I was on Squawk Box (at 6:30 am). I was interviewed by Andrew Sorkin and Becky Quick. Please check it out. Here’s the link:

The McAlvany Weekly Commentary: An Interview With Richard Duncan

May 11, 2012

This week David McAlvany interviewed me for his program, The McAlvany Weekly Commentary. We discussed the crisis in the global economy, the risk of a new great depression and the dilemma we must now face as a democratic society. I strongly encourage you to listen to this 50 minute conversation. Here’s the link:

VoiceAmerica Interview: The New Depression

May 4, 2012

I was recently Jay Taylor’s guest on Turning Hard Times Into Good Times. We discussed the evolution of Capitalism into Creditism, The Quantity Theory Of Credit and the outlook for the global economy. Please find here the link to this 50 minute radio interview:

The New Depression: The Breakdown Of The Paper Money Economy

April 20, 2012

My third book on the global economic crisis is now in print and available on Kindle. It’s called The New Depression: The Breakdown Of The Paper Money Economy. Please find its Preface copied below: Preface When the United States removed the gold backing from the dollar in 1968, the nature of money changed. The result  Continue Reading »

China: Every Boom Busts

May 3, 2011

Since the beginning of the Industrial Revolution, every economic boom has been followed by an economic bust. The bigger the boom, the bigger the bust. Over the past 20 years, China has experienced the greatest economic boom in history. It is only a matter of time before the great Chinese bubble pops. China’s economic model  Continue Reading »

Why Chairman Bernanke Is Wrong [Part One]

January 13, 2011

There are many areas where my views differ from those of Ben Bernanke. Here is the first. Fed Chairman Bernanke believes in the Monetary Theory of the Great Depression, which holds that the Federal Reserve could have prevented the Great Depression by stopping the US money supply from contracting during the early 1930s. This is  Continue Reading »

How My Views Differ From:

November 26, 2010

Keynesians Bernanke and the Monetarists Free Traders The Libertarians The Tea Party The Democrats The Republicans The Bulls/the optimists The Bears/the pessimists China Bulls China’s policymakers

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