Newsletter Subject

Please Send Powell This Article

From

paradigmpressgroup.com

Email Address

dr@mb.paradigmpressgroup.com

Sent On

Thu, Mar 30, 2023 09:37 PM

Email Preheader Text

The Free Lunch Era Is Over | Please Send Powell This Article - What the Fed and the government just

The Free Lunch Era Is Over [The Daily Reckoning] March 30, 2023 [WEBSITE]( | [UNSUBSCRIBE]( Please Send Powell This Article - What the Fed and the government just don’t get about debt… - The end of the free lunch era… - Is there hope?… [Send Me Your Mailing Address!]( [Click here for more...]( The biggest gold bull market in history has just begun. That’s why New York Times best-selling author Jim Rickards has arranged to send his must-read book on gold to any U.S. citizen with a valid mailing address today… [Click Here To Claim Your Copy Of The New Case For Gold]( Annapolis, Maryland [Brian Maher] BRIAN MAHER Dear Reader, Here you have the central defect of the monetary and fiscal authorities who presently afflict us: The problem is that the Federal Reserve and the Government fail to grasp that monetary and fiscal policy is “deflationary” when “debt” is required to fund it. There we cite Mr. Lance Roberts of Real Financial Advice. More from whom: How do we know this? Monetary velocity tells the story… With each monetary policy intervention, the velocity of money has slowed along with the breadth and strength of economic activity. While, in theory, “printing money” should lead to increased economic activity and inflation, such has not been the case. Beginning in 2000, the “money supply” as a percentage of GDP exploded higher. The “surge” in economic activity is due to “reopening” from an artificial “shutdown.” Therefore, the growth is only returning to the long-term downtrend. The attendant trendlines show that increasing the money supply has not led to more sustainable economic growth. It has been quite the opposite… In 2000, the Fed “crossed the Rubicon,” whereby lowering interest rates did not stimulate economic activity. Therefore, the continued increase in the “debt burden” detracted from it. The conclusion is clear as gin: The Federal Reserve and the United States government constitute active monetary and fiscal menaces. That is, their botchwork is not merely a passive negligence, passive incompetence. It is an active negligence, an active incompetence. With this bunch running the show… whence will growth originate? The Broken Keynesian Multiplier Since the Great Financial Crisis the monetary and fiscal authorities have conjured over $43 trillion from the great void of nothingness. Within 24 pandemic months alone, the Federal Reserve plucked — from the same vast void — 50% more dollars than all dollars that ever existed in 256 previous years of American history. Each of these dollars are representations of debt… as are all dollars under the present monetary arrangement… such as it is. Since the aforesaid Great Financial Crisis the United States economy has expanded a cumulative $4.05 trillion. That is: The economy can boast merely $4.05 trillion of growth for the $43 trillion of debt it has taken aboard. That is: Each dollar of growth required nearly $11 of debt-financed stimulation. As we have argued in multiple instances, the Keynesian “multiplier” — the promised miracle of water into wine — is reduced to a sad, sad jest. It has been proven the false magic of a false prophet. Thus the miracle of water into wine yields vinegar. How did the nation arrive at such a dismal pass? [URGENT: Exclusive $10 Offer From Jim Rickards]( [Click here for more...]( Hi, Jim here. And for the first time ever, I want to give you all of my best secrets… for under $10! This is your chance to get all of my moneymaking insights at one affordable price. [Get All The Details On My Special $10 Offer]( The Long, Twisting Path to Insolvency The long and meandering roadway stretches to the Great Depression. The way became clearer in 1971 — when old Nixon scissored the dollar’s remaining gold tetherings. But after 2008 all obstacles were cleared away… Anti-inflationists yelled that the trillions and trillions of quantitative easing would yield a terrible inflation. It did not — the anti-inflationists were yelling wolf— and disinflation prevailed for the following decade. Meantime, doomsdayers shrieked that ballooning deficits would reduce the economy to wreckage. Yet doomsday never dawned. The economy pegged along at a languishing gait, yet it did peg along. It did not wreck. And so the inflationists and the spenders took tremendous heart. Why stop now, they bellowed? The doomsdayers have been wrong in every particular. A Dream Come True They believed they could fabricate a near infinity of dollars without inflationary evils and tally fantastic deficits without economic destruction. With all seeming checks removed, they carried on with staggering and predictable abandon. Turn a child loose in the candy store. Turn a drunkard loose in a liquor store. Turn a thief loose in a bank vault. Now you have the taste of it. When the pandemic flattened the economy in 2020 the federal government proceeded on a scale truly stupendous. The previous decade’s experience instructed policymakers that inflation was a phantom menace and that interest rates would remain caged — regardless. Mr. Brian Riedl, senior fellow with the Manhattan Institute: When the 2020 pandemic necessitated a major federal response, both parties eagerly passed a $3 trillion bill that would have been unfathomable even a year earlier. Up to this point, the most expensive recent federal expansions had been implemented during recessions, with the goal of sustaining demand. But progressive lawmakers, economists and commentators saw the lack of negative macroeconomic consequences as proof that monetary and fiscal expansions had become a free lunch that could be greatly expanded — even during non-recessionary times. After all, if rising inflation and interest rates have been permanently defeated, then why listen to those paranoid deficit scolds stopping us from ending poverty and building a comfortable social democracy? [Crypto Legend Reveals: “The Next Bitcoin”]( called Bitcoin at $61. Now he says this next crypto will be even bigger. In fact, he’s targeting 25X gains over the next year alone. [Click Here To Learn More]( No Free Lunch But the iron laws of economics will reimpose themselves in time. The child’s candy is not free. The drunkard’s liquor is not free. The diner’s lunch is famously not free. Soon or late the bill comes slamming upon the table. And that time may be now. That is, the era of “free-lunch economics” may be through. Riedl: We may soon look back on the 2009–2021 period as the era of “free-lunch economics,” when hubristic politicians and economists declared that traditional fiscal and monetary trade-offs no longer existed in any meaningful form. Advocates portrayed a new economy liberated from restraints, one in which money-supply expansions and congressional deficit spending could finance benefits that would make even Western Europeans envious, with no economic drawbacks. As in foreign policy, this utopian vision proved to be an illusion. Reality has intruded… The “free-lunch” experiment has collapsed. For more than a decade, progressive lawmakers, economists and activists sold Americans a fantasy in which the printing press and ambitious deficit spending could buy a European-style welfare state without incurring costs. With Washington already facing $112 trillion in baseline deficits over the next three decades, adding trillions more in unfinanced benefits was never realistic. Congress must come back to reality: There is no free lunch. Nor was there ever. Little Reason for Hope Will Congress return to reality… and accept the honest costs of lunching? We harbor very little confidence that it will. And why should we? Where is the evidence? Prior even to the pandemic, the Congressional Budget Office estimated Congress would need to hack the budget 10% per year. The hackings, twinned with tax hikes, were the only route back to fiscal health. Can you imagine Congress spending 10% less money each year? As we have written before: The pig in his sty will first sprout wings and take to the aerial ways. Nor will Congress raise the necessary funds to keep the show going. Thus debt — already a millstone heavy upon the neck — will weigh more and more. It will form an impossible drag upon growth. A Grim Lesson Average annual growth of 3% or more was common before the great gale of 2008 blew on through. Growth averaged a mere 1.7% from 2008–2021. Meantime, CBO currently projects American economic growth to gutter along at an average 1.8% per annum for the next decade. As we have maintained before: A slight falling off from one year to the next may not appear dramatic — and it is not dramatic. But multiply the business by five years, 10 years, 20 years or more. You will acquire a grim lesson in the meaning of compounding interest — negative compounding interest. If America does not lick its debt, it is a lesson it will learn plenty good… and plenty hard. Alas, its monetary and fiscal authorities labor under the fiction that the solution is even more debt… Regards, [Brian Maher] Brian Maher Managing Editor, The Daily Reckoning [feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) Editor’s note: About 6 months ago, Jim Rickards [embarked on a rather unusual experiment.]( It involved… - Jim himself. - About 4,500 of his most elite readers. - And a closely guarded money-making secret (formerly classified by the CIA). What happened next was so shocking that Jim had to share the results. You see, these 4,500 Americans had the chance to pocket life-changing gains in a just matter of days, like: - [174% in 11 days.]( - [128% in 28 days.]( - [and 203% in just 17 days.]( How are profits like these possible? This moneymaking secret has nothing to do with: - Buying gold stocks - Buying hard physical assets. - Or waiting for the stock market to crash… Instead… It involves a [secret moneymaking tool]( which taps into the same technology the CIA used to catch terrorists. Sounds crazy? The full story will shock you. That’s explains why Jim put together [this brief presentation.]( You could see the black-and-white proof for yourself. This closely kept moneymaking secret has already changed the lives of 4,500 everyday Americans. Why should you be left out?. [Go here now and watch this brief presentation, while it’s still available.]( --------------------------------------------------------------- [The Daily FWD] URGENT! FREE Report: 6 Ways to Beat a Financial Disaster Another financial crisis could be just DAYS away! That’s why world-renowned macroeconomist Jim Rickards released this brand-new FREE report revealing the 6 most important things you NEED to do right now to protect yourself. Simply click below to sign up for the elite new research letter The Daily FWD – which will give you honest, unfiltered news on EVERY important issue impacting your wealth and security… The moment you do, we’ll rush you this exclusive new report straight to your inbox. [Click here to sign up to The Daily FWD – 100% FREE.]( By clicking the link above you agree to receive email updates and special offers from The Daily FWD. We will not share your email address with anyone. And you can opt out at any time. [Privacy Policy](. Thank you for reading The Daily Reckoning! We greatly value your questions and comments. Please send all feedback to [feedback@dailyreckoning.com.](mailto:feedback@dailyreckoning.com) [Brian Maher] [Brian Maher]( is the Daily Reckoning's Managing Editor. Before signing on to Agora Financial, he was an independent researcher and writer who covered economics, politics and international affairs. His work has appeared in the Asia Times and other news outlets around the world. He holds a Master's degree in Defense & Strategic Studies. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your The Daily Reckoning e-mail subscription and associated external offers sent from The Daily Reckoning, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@dailyreckoning.com. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. The Daily Reckoning is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your The Daily Reckoning subscription, you can ensure its arrival in your mailbox by [whitelisting The Daily Reckoning.](

EDM Keywords (233)

year wrong written writer wreck would world work wine whitelisting weigh wealth water watch want waiting velocity type trillions time technology taste taps take table surge suggestions subscribers submitting sty strength story stop staggering speak solution since signing sign shocking shock share send see security says rush right riedl reviewing returning results respecting required representations reply reopening rent reimpose reduced recommendation recessions reality reading quite questions publications publication proven protecting protect prospectus proof problem privacy printed possible point pig percentage pandemic opt opposite open obstacles nothing note need neck multiply monitored money monetary moment miracle message merely meaning matter master maintained mailing mailbox made lunching lunch long lives listen liquor link lick licensed letter lesson length left led learn lead late lack know keep jim involves intruded insolvency inflationists inflation increasing implemented however hope holds history harbor hack growth grasp government gold goal go give gin get fund free form following fiction feedback fed fantasy famously fact explains expanded exiting exit even era ensure end employees editors economy economics due drunkard dramatic doomsdayers dollars dollar diner details degree deflationary deemed debt could copy consulting consent conjured conclusion company communication common committed collapsed clicking click clear claim citizen cia child chance carried candy business building breadth botchwork black bellowed believed begun become beat article arrival arranged argued appeared anyone america allow agree advised advertisements address acquire account accept 61 203 2020 2008 2000 1971 10

Marketing emails from paradigmpressgroup.com

View More
Sent On

15/04/2024

Sent On

15/04/2024

Sent On

15/04/2024

Sent On

15/04/2024

Sent On

15/04/2024

Sent On

15/04/2024

Email Content Statistics

Subscribe Now

Subject Line Length

Data shows that subject lines with 6 to 10 words generated 21 percent higher open rate.

Subscribe Now

Average in this category

Subscribe Now

Number of Words

The more words in the content, the more time the user will need to spend reading. Get straight to the point with catchy short phrases and interesting photos and graphics.

Subscribe Now

Average in this category

Subscribe Now

Number of Images

More images or large images might cause the email to load slower. Aim for a balance of words and images.

Subscribe Now

Average in this category

Subscribe Now

Time to Read

Longer reading time requires more attention and patience from users. Aim for short phrases and catchy keywords.

Subscribe Now

Average in this category

Subscribe Now

Predicted open rate

Subscribe Now

Spam Score

Spam score is determined by a large number of checks performed on the content of the email. For the best delivery results, it is advised to lower your spam score as much as possible.

Subscribe Now

Flesch reading score

Flesch reading score measures how complex a text is. The lower the score, the more difficult the text is to read. The Flesch readability score uses the average length of your sentences (measured by the number of words) and the average number of syllables per word in an equation to calculate the reading ease. Text with a very high Flesch reading ease score (about 100) is straightforward and easy to read, with short sentences and no words of more than two syllables. Usually, a reading ease score of 60-70 is considered acceptable/normal for web copy.

Subscribe Now

Technologies

What powers this email? Every email we receive is parsed to determine the sending ESP and any additional email technologies used.

Subscribe Now

Email Size (not include images)

Font Used

No. Font Name
Subscribe Now

Copyright © 2019–2024 SimilarMail.