RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end, forcing twenty years of interest rate suppression to finally unravel. Welcome to the Austrian nightmare.
“Everything is fine.” That’s the official narrative, but a nation cannot print its way to prosperity; if it did, we'd all be rich by now.
Zohran Mamdani’s proposal reflects a growing belief that economic problems can be solved through public ownership and political management. But a grocery store is still a business governed by costs, and economic reality regardless of who owns it.
The campaign worked, and now the anti-Massie elderly GOP voters will get what they wanted: a pro-Israel, pro-federal, pro-welfare, pro-war, and pro-Epstein Congressman who will never question federal power or the status quo.
At this point, the conservative populist political strategy amounts to little more than doing the same thing over and over, and when that fails, tr
After Kevin Warsh was confirmed as Federal Reserve chairman last week, he received a stark reminder of the challenges facing the central bank.
If this ballot initiative passes in November 2026, then California’s billionaire exodus will continue, followed by the multimillionaires.
Systems do not collapse when they finally become unstable; they appear stable until the moment their failure can no longer be ignored.
Do we need a national price fixing committee for interest rates? Answer: No.
