After the Debt Ceiling Deal: Look for Liquidity Problems in the Markets
As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.
As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.
In today's progressive climate, sexual assault charges are easy to make and hard to refute, even when they are demonstrably false.
The State of California, unable to unionize fast food workers, now is trying to create workers councils that will set labor policies for fast food restaurants. This will not end well.
Rational choice theory claims that people in the political realm act in their own self-interest. However, in today's political climate, many people act against their own interests to avoid being attacked by others.
The Fed's latest attempt to correct the inflation it caused is putting the market on a crash course.
With each iteration of the banking crisis, the Federal Reserve System and federal regulators gain in power and authority. Maybe the banking crisis isn’t an accident.
Patrick Deneen writes that the nonaggression principle promotes a liberalism that is harmful to society, as evidenced by John Stuart Mill's idea of the tyranny of public opinion.
It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.
The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal. Without sound money, however, the borrowing and spending regime will collapse sooner or later.