Money supply growth fell again in January, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. January’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.

On Friday, residential real estate brokerage firm Redfin released new data on home prices, showing that prices fell 0.6 percent in February, year over year. According to Redfin’s numbers, this was the first time that home prices actually fell since 2012. The year-over-year drop was pulled down by especially large declines in five markets: Austin (-11%), San Jose, California (-10.9%), Oakland (-10.4%), Sacramento (-7.7%), and Phoenix (-7.3%).

I was on the Judge’s podcast this morning, Judging Freedom, to talk about secession, decentralization, civil war, and my book ‘Breaking Away.’  It was short and sweet at 17 minutes. If you haven’t yet got yours, be sure to get a copy of my book in the bookstore. 

“Governments create money all the time. We do that for war.”

“This whole notion that you run government like you run a household…is a complete myth”

Economist Prof Mariana Mazzucato tells #Newsnight Government’s should address social issues through taxhttps://t.co/P0zxS1DNGF pic.twitter.com/I6NLtXgDqN