Power & Market

What matters for the stock market is not the state of the real economy as such, but the state of monetary liquidity.

We must create income in order to create health. If we destroy income, we will destroy health. But in order to create income, we must produce goods and services.

April’s Federal Open Market Committee (FOMC) meeting did not offer many surprises and the targeted federal funds rate remained unchanged at 0 to 0.

In recent weeks, we’ve been keeping an ey

BBC images from India show the human toll of the coronavirus shutdown. Americans should take note, and soon.

The stimulus packages being handed out across this world provide us with an opportunity to document the anticapitalist process as it unfolds in real time, keeping in mind that when these inflation schemes fail, it will likely be blamed on capitalism.

When the customer receives defective, shoddy, or inferior-quality products and above market price—from the only game in town—the customer lack

According to multiple ship-tracking data services such as Llyod’s List and Tanker Trackers, there are between 40 and 50 million barrels 

It seems that modern monetary theory (MMT) doesn’t make a real distinction between monetary policy and fiscal policy.

So-called price gouging is a gimmick used by politicians and the media to rally supporters and viewers.