It Turns Out That Hundreds of Banks Are at Risk
Federal authorities want us to believe that by bailing out Silicon Valley Bank, they have prevented a financial crisis. Instead, we will have a crisis with bailouts.
Federal authorities want us to believe that by bailing out Silicon Valley Bank, they have prevented a financial crisis. Instead, we will have a crisis with bailouts.
Welcome to Whose Economy Is It, Anyway?, where the rules are made up and the dollars don’t matter. Or at least that seems to be the view of the Yellen regime.
Mark discusses the latest government economic reports. What can be made of these confusing numbers?
Mark Thornton takes a look back at US stock markets, the national debt, and Fed policy.
Jeff Deist and Allen Mendenhall discuss "stakeholder" capitalism and what we can do to push back against ideological purity tests.
Considering the bond yields have only risen slightly, and that monetary overhang from covid is still huge, it’s difficult to be remotely confident that monetary conditions have been tight.
Jeff makes the case for viewing today's economy as quite unlike that of 2007—due to steady increases in CPI, more fiscal stimulus relative to monetary stimulus, and ongoing supply shock issues from covid.