Money and Banks

By slapping new regulations on high-interest credit cards, Bernie and Ocasio-Cortez will just prevent high-risk borrowers from getting loans.

"Digital cash" is the latest terrible idea from those who want to give central banks more power to meddle in the economy.

Deflation is not a matter of animal spirits or consumer expectations. It is the result of earlier creation of money "out of thin air" by central banks and commerical banks. Deflation is the natural result.

Central Banks and the fiat reserve dollar hegemony won’t cede their power to cryptocurrencies easily,  and they're now resorting to a return to precious metals to stave off the threat of individual monetary sovereignty, Bitcoin, and the digital revolution.  

Central banks' economic models repeatedly and incessantly over-estimate economic growth. We can only speculate as to their motivation.

Alexandria Ocasio-Cortez thinks Christian theology supports her bill on excessive interest. Her position ignores the actual history of Christian views of usury.

Central banks' efforts to artificially stabilize interest rates encourages greater risk-taking by banks, and contributes to instability in the banking sector.

Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.