INSIDE THIS ISSUE
M any may decry that the sepia-hued American dream as our grandparents knew it, one of boot-strapped gumption, unfettered meritocracy, and starry- eyed upward mobility, as an antiquated fairy tale as faded as the dusty gramophone in the attic. But in our cover story, managing editor Laura Greaver proves the dream isn’t dead yet. She profiles Stansberry Research’s newest star, finance expert Matt McCall, whose rise from the blue-collar outskirts of Philly to the upper echelons of the investment world should provide some hope for how you see the country (and stock market). Meanwhile, Editor in Chief P.J. O’Rourke extols the virtues of leaving real life for a while and shares his favorite quotes of all time, from Emily Dickinson to Voltaire. Then comes our three-pronged attack against the Kraken that is the Federal Reserve, our favorite financial foe... In my feature, I hold Jerome Powell to the fire for his gross negligence and denial surrounding inflation and ever-staggering price hikes that are hitting everything from your local diner to global supply chains.
Former congressman Dr. Ron Paul details how even before the pandemic, the Fed ramped up its reckless money printing. And now, with hemorrhaging costs squeezing the middle class, he urges that it’s time to audit and expose the central bank. And RealClearMarkets editor John Tamny notes the folly of the idea that the Fed controls the markets... If that were true, you’d be streaming shows on Blockbuster and tightly holding on to your AOL shares. Speaking of policies going south, Executive Editor Buck Sexton exposes the crisis at the border, noting how Biden’s fumbling of the immigration surge seems to know no bounds. Across the globe, Executive Editor Kim Iskyan uncovers the peculiar scandal involving the World Bank, IMF, China, and the Ease of Doing Business ranking system. And if you need a well-deserved laugh, staff writer Andrew Amundson takes down an embattled Big Tech CEO in the latest Dunce of the Month (hint: he hasn’t shot himself into space – yet ). Regards, Trish Regan Publisher, American Consequences
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October 2021
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