Power & Market
No Recession in Sight
The same people claiming inflation was transitory are the same ones telling you there is no recession. Isn’t that strange?
The Fed’s Favorite Price Index Just Hit the Highest Level Since January 1982
The personal consumption expenditures price index rose 6.8%, the biggest 12-month move since the 6.9% increase in January 1982.
Congressional Term Limits: How Short Should They Be?
Members of Congress spent less time in Congress in the past. Holding Senators to a single term or a House member to 2 terms would move averages back to where they were 150 years ago.
Will the Fed Bring Back That 70’s Show? Stay Tuned
Those who don’t learn from the past, as the old adage goes, are doomed to repeat it.
Is There an Alternative to Central Banking?
There’s a saying on Wall Street referring to the stock market that “all correlations go to one in a crisis.” Perhaps more accurately, all correlati
Progressives’ Automaticity Kills (and Kills and Kills)
Proto-Progressives didn’t stand back and let a
Little Cracks Here and There
Imagine living under one of the 19 nations in Europe who share the same currency and have little to no autonomy over their own monetary policies.