Gilder’s Guideposts Newsletters
After Recent Boom War-Makers Face Slump
In 1914, a cavalry troop maintaining formation could charge at roughly 30 feet per second. The muzzle velocity of a Hotchkiss machine gun, developed the same year, was 2,375 feet per second, nearly 100 times as fast. From a range of 300 yards, a horse could move only inches in the time it took the […]
At the Fed, the Deep State Hides in Plain Sight
By George Gilder and Richard Vigilante We’ve never quite liked the “Deep State” as a descriptor, as it tends to suggest dark and, well, deep, hidden machinations by unknown actors. That’s not quite right. The Deep State consists of a long list of very public institutions, staffed by people listed in some publicly available directory, […]
No More Buggy Whips to China Says Top U.S. Agency
The United States Department of Commerce, which is credited by many experts with powering the $25.5 trillion U.S. economy with discoveries such as the internal combustion engine, the integrated circuit and fire, continues its bold defense of American business. In a dramatic move, Commerce officials have imposed the largest fine in the agency’s history, some […]
Four Hours for a Superpower to Die
Seth Cropsey, deputy assistant secretary of the Navy under both Ronald Reagan and George H.W. Bush, recently argued in the Wall Street Journal that we are not ready for war with China. This is certainly true, which to us seems like a very good argument for not going to war with China. Helpful in this […]
When the Fed Encountered Gold Kryptonite
Paul Volcker is the demigod of the Federal Reserve, long ago ascended to Mount Olympus, or Valhalla, or wherever banker gods go when they leave us. Those who believe the Fed can cause or cure inflation yearn for current Fed leaders to exercise the power by which Volcker, as they believe, crushed the great inflation […]
Will Biden Terminate Taiwan?
It has been 14 months since we advised our readers to exit all Chinese stocks that we had previously recommended, including some companies we absolutely loved. Chairman’s Xi’s revanchist regime had become so hostile to China’s best firms you would have thought its Politburo had been staffed out of Biden’s Federal Trade Commission. That hostility […]
Another Win for Chairman Xi and His American Allies
When Chairman Xi announced his “Made in China 2025” program even he must have had a moment of doubt whether the date was too optimistic for some of China’s fledgling industries to replace Western imports. If so, he under-estimated his greatest benefactors, American China Hawks, who are doing their utmost to boost not only the […]
When We Have to Beg the Chinese for Their Technology, Will the China Hawks Lead the Delegation?
Last week, George told of some of the astonishing innovations on display at this year’s World Mobile Congress in Barcelona Spain, with a climax of graphene-enabled devices offering transformative potential for global telecommunications. On display were breakthroughs from the United Kingdom, Sweden, Germany, Israel, Japan, China and even some from the United States. Alas, in […]
Carbon, Carbon Everywhere—But Not in the United States
P.S. I am pleased to announce that I will be speaking at the next Wealth365 Summit. This is the largest online wealth summit in the world, and the event is from April 17th – 22nd. There are 60+ speakers presenting that week, and I will be one of the keynote speakers for […]
The Tragic Tale of the Big Bankers Who Couldn’t
As if with one voice, a single tragic tale has dominated the financial news over the past week. The world’s central bankers apparently are demoralized over their failure to drive the world into recession. The Wall Street Journal, echoing essentially the entire financial press, reports that the strength of the economy has confounded “predictions from […]