Power & Market

[From the  September-October 2023 issue of The Austrian.]

Stock markets tumbled this morning when the January Consumer Price Index (CPI) data came in hotter than expected.

The 1920s in America, as well as much of the West, were characterized by a feeling that anything was possible.

A few days ago, Ginny Garner sent me a message. Ginny wrote:

“Lew,

There has been much written and said about Tucker Carlson’s interview with Russian President Vladimir Putin last week.

The amount of commercial real estate loans coming due in 2024 has jumped to $929 billion according to the Mortgage Bankers Association.

[This article was originally published on LewRockwell.com in 2003

Featuring Bob Murphy and Jim Rickards versus Brent Johnson and Michael Every.

The most common news to come out of the Federal Reserve is the result of FOMC meetings and changes to the Federal Funds Rate.

Thursday offered a remarkable contrast between the two world leaders.