How Wage Increases Became the Fed’s Red Line
How the Fed’s use of wages as a key inflation measure started as a war on labor and continues to operate that way.
Read more...Author Archives: Yves Smith
Is Male Infertility Contributing to Falling Birth Rates?
RFK, Jr. is exercised about falling birth rates and depicts falling sperm count as a major contributor. How sound is this view?
Read more...Links 12/3/2025
Trump Goes Full Biden, Insists No Inflation, Affordability a Con as Strained Consumers Know Better and Trump’s Polls Sink Further
Trump’s failing about, now on inflation and affordability, is becoming more desperate.
Read more...Trump Administration Supporting Bayer at Supreme Court Over Monsanto/Roundup Deal, Savaged by Investors for Wealth Destruction in the Name of Executive Preservation
Bayer saddled itself with the Monsanto/Roundup garbage barge over fierce investor protest, and is now seeking Supremes relief.
Read more...Internet of Beings: The Dream of Digitising Human Bodies for Healthcare (and the Nightmare)
The logical conclusion of the intensive health monitoring fad: an internet of beings of continuous tracking and daily intervention.
Read more...Links 12/2/2025
Bitcoin, Crypto Plunge Accelerates as Leveraged Players (“Treasuries”) Like Strategy Dump Holdings
A big leverage unwind in Bitcoin is accelerating, dragging down other crypto. How much further will the fall go before hitting bottom?
Read more...The Cloud’s Not Fluffy, It’s a Hot, Loud, Energy-Voracious Factory
A more detailed look at why to resist massive pressures for data center buildout and question claims of inevitability.
Read more...Car Industry Woes Intensify as US Consumers Refuse to Eat the Dog Food, China Suffers from Overcapacity
The car industry is in a world of hurt, and that has significant economic and societal implications.
Read more...Protestor Confrontation with ICE in New York City Appears to Have Stymied Raid; Is There Any Hope for ICE Opposition?
As ICE protests continue, are they succeeding in throwing sand in the gears of the deportation machine?
Read more...Links 11/29/2025
The UK Is Cursed: How Finance Destroyed Our Economy
More discussion of how the UK’s post World War II decline was a choice, due in large measure to the embrace of finance and neoliberalism.
Read more...As US Hunger Rises, Trump Administration’s ‘Efficiency’ Goals Cause Massive Food Waste
Feature or bug? 1890s-loving Trump’s policies increase food waste, hurting citizens, farmers, and agriculture processors.
Read more...How to Stop a Nuclear War — and Why We’re Not Talking About It
The risk of nuclear war is higher than ever due to the Cold War never having ended while many leaders are insensitive to the consequences.
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