“Reserve currencies never die; they just fade away.” – The Lonely Realist A number of readers have challenged TLR’s assertion that the US Dollar’s “exorbitant privilege” is eroding. They are skeptical that any level of actual de-dollarization is occurring and dismiss TLR‘s repeated warnings about the...
“What does a declining U.S. population portend?” – The Lonely Realist The U.S. Census Bureau recently reported that America’s population for the 12-month period from July 2024 to July 2025 increased by only 1.8 million, or 0.5%...
“That's a quote from a reader. Government numbers are confusing. Can they be reconciled?” – The Lonely Realist The recent inflation data released by America’s Bureau of Labor Statistics (BLS) was tame. The Consumer Price Index (CPI) rose by 0.3% in December (following similar numbers for...
“America is at war with the world…, and the world has caught on.” – The Lonely Realist If you’ve been avoiding the news – as many are apt to do these days –, you may be unaware of the extent to which America is waging wars...
“The one thing that all Americans can agree on is that the midterm elections indeed will be ‘fixed.’” – The Lonely Realist Although Americans will readily agree that the midterm elections will be fixed, they differ on what the term “fixed” means. “Fixed,” after all, has...
“MAGA media reports that everything has been going GREAT for America. Is it true? If so, can it last?” – The Lonely Realist Stephen Miller, President Trump’s deputy chief of staff, on December 23rd wrote an editorial in the New York Post crediting the Trump 2.0...