I have written about how recent upward consumer price trends for Starbucks and McDonald's are indicative of America's slide into penury as the credit crisis hits and the US dollar sinks, and fast-food chains become increasingly unaffordable for millions of Americans.

Add Coca-Cola to the mix to fully...

The US dollar's continuing crash is forcing commodities like food and energy that are priced in dollars higher and making restaurants like Starbucks and McDonald's unaffordable for many Americans. Starbucks has had to shut down 600 stores and begin a massive retrenchment due to the margin squeeze accompanying higher commodity...

You don't notice inflation or deflation until they have gotten out of control.

Strictly speaking, inflation means that 'money' is being created while deflation means that 'money' is being destroyed; not gold-money mind you but interest bearing units of exchange that have been borrowed from the Federal Reserve and lent...

Citizen groups around the country are mobilizing to save their Starbucks after the company announced it will shut down 600 stores. These people don't realize that Starbucks will have to double or triple their prices as the dollar continues to crash and the reason Starbucks has to close stores...

I was on PressTV last night with Afshin Rattansi talking about the market trends for oil, dollar and the rising fortunes of Obama.

I come in at 0:56 of video.

TRANSCRIPT:

Afshin Rattansi: Well joining...

Since it was discovered that Enron was hiding debt off their balance sheet to make their earnings, stock and stock options go up, Wall Street has decided they can't get enough of this neat trick and every quarter we see more of it.

It's peek-a-boo accounting where debts are removed...

LATE BREAKING:Fannie Mae, Freddie Losses Make Them `Insolvent,' Poole Says

LATE BREAKING: Fannie, Freddie Downgraded by Derivatives Traders Over Capital

In a column I wrote for The Ecologist magazine in London a few years ago I posited that the financial "environment" was as...

I was on Al Jazeera live from Doha, Qatar Sunday talking about the G8 meeting, the U.S. dollar and weapons of mass financial destruction (the U.S. dollar).

Al-jazeera: Max Keiser is a financial analyst and commentator. He says there's one likely subject...

I was on France24 Friday talking about oil, the dollar, and gold.

part 2

Key to the rise in oil and gold prices is what I call 'monetary extremism.' In other words, in...

I thought this was pretty interesting. Friday night in Paris, I was talking live to Tehran's Press TV about the betting-contract trading on InTrade.com; laying odds on if Bush, or someone else (Israel?) will Bomb Iran by December.

UPDATE: This morning. The news is that that oil futures are...

I had a chance to talk about the U.S. economy, the dollar and oil as it relates to Iraq and Iran this week with Afshin Rattansi on Iran's press TV (oh yea, and the possibility of bombings).

...

Probably the worst effect Americans can expect from the U.S. government's approval of the pro-spy laws that give telcos immunity from prosecution for breaking the law is more inflation.

Immunity from prosecution in this case means immunity from competition and this means higher prices. As long as the telco's have...

Al Jazeera had hoped to break into the U.S. market by now, but nobody's buying it. And the far-right nuts in the U.S. are lobbying to keep the network out of one of the very few places (other than YouTube) Americans can see it; Burlington Vermont. The multi-trillion dollar weapons...

Is Carl ready to be born again?

Carl Icahn tells Reuters that he thinks the Google search deal Yahoo signed "might have some merit" and is "better than the alternative deal proposed by Microsoft"

Carl, are you ready for your baptism?

There are approximately 2.1 billion Christians on the...

There is some poetic justice in the fact that the world is running out of credit and water at the same time. These two diminishing resources have a common cause for their disappearance; a broken neo-classic capitalist system that forgot to price in the replacement cost of natural resources and...

This interview in Playboy France has never been translated into English and made available outside of France. Since this interview first appeared, books like Naomi Klein´s The Shock Doctrine: The Rise of Disaster Capitalism have put renewed emphasis on deconstructing the underlying assumptions of neo-liberal capitalism by looking closely at...

Remember the old American Express Travelers Cheques commercials on TV with Karl Malden? They always started with this line; "You're about to witness a crime." What followed was a choreographed pick-pocket routine resulting in a hapless American tourist frantically looking around for their wallet and wishing they had packed Travelers...

I have a question for Bill Moyers, but before I get to that...

America was founded by patriots who were sick and tired of, "taxation without representation." Why today do we find no patriots defending America from draconian and unconstitutional copyright taxes. Our collective imagination, our creative endeavors, our soul...

Markets need full disclosure and transparency if the benefits of the "invisible hand" are going to be distributed to the widest possible cross-section of the population. Inconveniently, this interferes with the current agenda of America's copyright and news monopolists and the bankers who support them.

The problem is that...

Just before the crash of 1929 huge trusts operated by the largest banks on Wall Street were buying each other's stock to try and delay the inevitable. It's like the passengers of the Titanic trying to drink all the water in the ocean to avoid sinking. Just before the dot-com...