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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

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The Fed, the Market, and the Wisdom of Crowds

By Len Penzo

Those of you who have been reading my weekly Black Coffee columns are aware of my repeated lamentations that, thanks to the manipulation of interest rates by the Fed and interventions and bail-outs by our federal government -- which inhibit ...

Continue reading The Fed, the Market, and the Wisdom of Crowds

April 22, 2024

Why Getting Cash During the Next Crisis May Be Impossible

By Len Penzo

As time goes on, it will become increasingly more difficult to get your cash out of the financial system. There are several reasons for this: Photo Credit: stock photo ...

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November 5, 2016

If the US Has a Debt Problem, Why Isn’t Inflation Rampant?

By Len Penzo

It's no secret that the US has been running fiscal deficits for more than 40 years; in fact, it is the world's biggest debtor nation in terms of actual dollars. So I guess I shouldn't be surprised that the one question that I probably get asked more ...

Continue reading If the US Has a Debt Problem, Why Isn’t Inflation Rampant?

August 13, 2016

My Solar Power Savings Report Card – One Year Later

By Len Penzo

As most of you know by now, I had solar panels installed on the roof of our house back in 2015. Well, it's been a full year since I flipped the switch on my new solar electricity system and the results have been nothing short of amazing. Rather than ...

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July 3, 2016

Why Interest Rates Will Only Go Lower Under the Current Monetary System

By Len Penzo

Do you ever wonder why student loans increased by 84% since the last crisis in 2008, and there is now $1.2 trillion in total student loan debt that has been issued in the US? Do you wonder why there is now nearly $1 trillion in auto loans, fueled by ...

Continue reading Why Interest Rates Will Only Go Lower Under the Current Monetary System

February 6, 2016

Negative Interest Rates and the Demonization of Cash

By Len Penzo

A lot of financially savvy people out there say that the world's central banks have foisted zero- and negative-interest rates (otherwise known as ZIRP and NIRP) to force people out of their savings. The truth is, there is a more pressing reason for ...

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January 2, 2016

Why the Economic End Game Is Finally Upon Us

By Len Penzo

Let's face it, folks: If the world economy was healthy it wouldn't be stuck in a period of excruciatingly slow -- if not downright negative -- real growth while trillions in central bank currency are being printed and poured into the international ...

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June 7, 2015

Coming Soon: The Greatest Wealth Transfer of All Time

By Len Penzo

Precious metals holders buy gold and silver because they understand that the majority of the modern financial world's assets are debt-based instruments and want to reduce their exposure to the resulting counterparty risk. Unfortunately, a large ...

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May 31, 2015

An Urgent Savings Recommendation

By Len Penzo

If I had a nickel for every time somebody has dropped me an email and asked me when our financial system is finally going to go belly up, I'd have about 85 cents right now. The truth is, if you look back, I never make actual predictions in my Black ...

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March 7, 2015

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