The Fed’s Capital Goes Negative
A billion here and a billion there starts to add up to real money—we are now talking about real money when it comes to Fed losses.
A billion here and a billion there starts to add up to real money—we are now talking about real money when it comes to Fed losses.
While Elizabeth Warren and others are waving the bloody shirt for more bank regulation, the problem is that bank regulations themselves are creating financial instability.
With the government foolishly handicapping the oil and gas industries and pushing other alternatives, the future is not very bright.
Like Bentham's panopticon, modern cancel culture is built upon fear and online bullying, making people police their own thoughts.
Many governments support continuing the Ukraine war, but ordinary people in Europe, America, and the developing world fear the war will bring economic disaster.
Politicians tout "bipartisanship"—that often just means one's pocket will be picked even more cleanly.
While progressives are claiming the collapse of Silicon Valley Bank was due to poor regulation, the real problem is the easy money policy of the Fed.
Violent crime is on the rise in Canada, and its progressive democracy is helpless to stop it. Further empowerment of the state makes things worse.
The rebels' overriding grievance was against the tax farmers and tax officials: "It is they who have forced [the peasants] to take up arms, changing their ploughshares for swords, in order to ask Your Majesty for justice or else to die like men."
The recent acceleration of inflation in the U.S.