Money and Banks

The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal.

What happens next will depend heavily on what the regime will feel is necessary to buoy public support for the regime and its current ruling party. 

As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.

2022 was a warning sign that debunked the myth of eternal monetization of debt with low inflation. It is time to be serious. High deficit spending is not a tool for growth, but a tool for cronyism and a burden on the future.

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.

On this episode of Good Money with Tho Bishop, Peter St Onge joins the show to discuss this week's Fed announcement and what it means to normal Americans.

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.

The problem here not that the central bank is "setting" the "wrong" interest rate. The problem is the Fed has long been relentlessly forcing down interest rates to satisfy various politically determined "needs."

On this episode of Good Money, Jeffrey Kauffman joins the show to discuss recent attacks from the SEC on major crypto exchanges. 

We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger.