Money and Banks
Delinquency Rates Rising: Is A New Crisis Approaching?
The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?
Here We Go Again: An August 2007 Redux
Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.
Elizabeth Warren Turns a Blind Eye to the Central Bank
Elizabeth Warren thinks she can prevent future foreclosure crises by regulating private banks. She should take a hard look at central banks instead.
Let’s Ditch the Fed for the Right Reasons
John Tamny is right that we don't need the Fed. Unfortunately, his new book on the Fed goes off course while explaining why.
If the UK Economy Tanks, Don’t Blame Brexit
The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.
The Fed and Bernanke Are Wrong About the Natural Interest Rate
If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.
Yellen’s Senate Hearing: Fed’s Forecasting Has Lost All Credibility
The Fed's terrible record of forecasting has destroyed its credibility to the point that its word no longer means anything.
The National Debt: A Conspiracy of Silence
Henry Hazlitt describes "the open conspiracy" among politicians to refuse to address the national debt.