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Gary Anderson's Talkmarkets Articles by Subject

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I have written a lot of vetted articles that are exclusive** to Talkmarkets. Sorting a portion of them by subject will give the reader an opportunity to make sense of it all. I am adding a glossary of terms at the bottom of this page.

For readers interested in economic subjects of the day, these top 30 themes are my efforts to make understanding economics easier:

I have pinned the following article to the top because it is an insight into my personal life, as well as a commentary on isms. Capitalism is still the greatest system for creating wealth. However, it is often mixed, and mixturism is a factor in its success or failure:

Dangerous History Repeats

1. China! 


Trump May Be Wrong About Winning a Trade War
Keynes and Trump Tariffs
The Achilles Heel of Trump Tariffs
Trump's Punishment of China: The Start of a Radical Rejection of Foreign Capital?

Scott Sumner Destroys Financial Times Fear of China

Is the USA Too W…

The Cult of Tesla's Elon Musk

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This article was posted to my personal blog at Talkmarkets. It is my opinion only:
http://www.talkmarkets.com/contributor/gary-anderson/blog/the-cult-of-teslas-elon-musk?post=163389&uid=4798

Americans want to belong. This sense of belonging is often mingled with their political and economic desires. If you worship Elon Musk and support Tesla you will become rich, or support Amazon or Apple, or if you hitch your future to Trump you will reap financial rewards.

In the short run those scenarios are all proving to be true, some are long term successes, and who knows how long the others will last. With the Tesla experiencing one if its self driving cars running into a stopped firetruck on the 405 Freeway in Los Angeles, it is necessary to focus on Elon Musk. Musk appears to be using technology and a cult of himself to impact the American business world in ways rarely seen.

I focus here on Musk, because he is likely the the most powerful cult leader in America, other than perhaps Donald…

Trump and The Big Renewable Energy Effort

This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/commodities/trump-and-the-big-renewable-energy-effort?post=137386&uid=4798


With Donald Trump in the news for pulling out of the Paris Accord, we should look at this renewable energy scam and be concerned. Awhile back I wrote about the self driving auto scam. It was pretty easy to prove. But the Renewable Energy Scam is more complex to decipher. The entire green movement cannot be characterized as a scam. But there are elements of it that clearly pass the threshold of fraud.
The most obvious fraudulent statements come regarding job creation. Even authors use the following quote to defend the net gain in jobs. But reading the quotation carefully, we see that the authors of the study cited are talking about temporary, not permanent, jobs:

There is a reasonable degree of evidence that in general, renewable energy and energy efficiency are more labor-intensive in terms of electricity produced than…

Trade Deficits, Trump Tirades, Paris Accords

This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/global-markets-education/trade-deficits-trump-tirades-paris-accords?post=137234&uid=4798

With Donald Trump facing government and media pressure for his unusual behavior in Europe as well as with the ongoing Russian probes, we at least can interpret his views about Germany and the Eurozone and regarding the Paris Accords on climate change. It is possible to see where he is right and where he is wrong, and where he has no solution other than what could be considered a hostile act.

Donald Trump is partially right about Germany. Germany does use the Euro as a hammer to increase trade. If we were dealing with the German Mark, it would be stronger than the Euro, and Germany would not be able to dominate trade like it does. 
However, there are other issues at work with the German trade deficit and with trade deficits in general that make the issue more complex. Asset prices and inflation are affect…

Fiat Money, Helicopter Drops, Zuckerberg and the Big Myth

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This article was published by me on Talkmarkets: http://www.talkmarkets.com/content/financial/fiat-money-helicopter-drops-zuckerberg-and-the-big-myth?post=136694&uid=4798

How do we weigh the debate about money, whether it is fiat or  something else? This question has been at the forefront of economic debate since President Richard M Nixon took US currency off of the gold standard. After this discussion of fiat money we can see at the end of the article how this applies to helicopter money in US history as well as a real comprehensive HM for America.

Helicopter money has big advantages over universal basic income which is being pushed by Silicon Valley leaders and Mark Zuckerberg. More on that later. But back to fiat currency concepts.

It is true that US currency cannot be redeemed for gold and many say that qualifies it for the label of "fiat currency".  It is not convertible. But is it backed or secured? At least some of the currency is secured. Federal Reserve notes a…

Helicopter Money, Not Bond Destruction, Must Replace Debt Forgiveness

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This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/bonds/helicopter-money-not-bond-destruction-must-replace-debt-forgiveness?post=136378&uid=4798

It does not look like Donald Trump is going to break through the New Normal of derivative economics. Derivatives present a very big problem for governments as they force government to reject debt forgiveness, to people or to other, weaker, governments, even when it makes perfect sense. The concept of  Jubilee and debt forgiveness functioned in history in a way that it cannot now. 
We can look at the history of debt forgiveness briefly, and then explain why Helicopter Money must replace this old method of balancing economic interests. Ellen Brown explores some solutions, including one very problematic one that I address later, as solutions to the possible need for write downs in the EU.
Most everyone knows about the Jubilees of Old Israel. But debt forgiveness was a manifestation of the strength of …

The Curse of Trump Is in Cutting Back on the Poor

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This article was first published on my Talkmarkets personal blog: http://www.talkmarkets.com/contributor/gary-anderson/blog/economics--politics/the-curse-of-trump-is-in-cutting-back-on-the-poor?post=136270&uid=4798

The low GDP numbers we have are a concern, because the lower growth is, the harder it is to sustain social programs. However, as the chart shows, the United States is not exactly in its worse place when it comes to debt to GDP levels:


The Trump administration and the pundits who are likely paid to share his stories are all saying this is safety net unsustainable. Certainly, 2017 GDP has started out poorly at 0.7 percent for the first quarter. And that is a concern. But what if that is more an observation about how Trump has impacted Americans than about anything else? Maybe Trump is a recession in the making!

And Trump wants to pass the potential savings gained from the backs of the poor to wealthy people. That makes no sense at all as capital already has been winning …

Fed VP Williamson Destroys Inflation Hawks

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This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/economics--politics-education/fed-vp-williamson-destroys-inflation-hawks?post=135958&uid=4798

Inflation hawks have ratcheted up inflation expectations with limited results. They are like the guy whose ship came in while he was at the airport. They base inflation expectations on CPI when the Fed measures PCE. Dr Stephen Williamson destroyed the inflation hawks back in April of 2017, but most of the pundits were not paying attention.

The Consumer Price Index (CPI), measures the cost of living by measuring a pre-chosen basket of goods. The CPI includes everything, including food and energy. The Personal Consumption Expenditures (PCE) index does not include the cost of food and energy because they are volatile and change often. The Fed seeks to measure underlying inflation.

The Fed looks, as Dr Williamson has said, at PCE, not at CPI. And since the Fed looks at PCE, the St Louis Fed Vice Preside…