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Money and BanksU.S. Economy
Everything is dandy if borrowers make their payments on their increasingly unaffordable homes. But will unemployment remain low forever?
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Money and BanksMoney and Banking
Conflating "inflation" with a general rise in prices prevents understanding the true problem with inflation.
Even with falling interest rates and high liquidity, there have been spectacular bankruptcies, so imagine what can happen when rates rise.
Bureaucracy and RegulationCronyism and CorporatismMoney and Banks
Special powers to inflate the money supply — granted by the state — make banking unlike other private industries.
The new Fed Chief Powell was optimistic at Congressional hearings this week. But he may have inherited a quickly-expiring boom.
Legal SystemMoney and BanksMoney and Banking
Money and BanksMoney and BankingMoney Supply
The suppression of the TMS growth rate, if it is sustained for the rest of the year, portends another credit crisis and housing bust.
Money and Banks
