Finance Discovers Sting: “How Fragile We Are”
Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.
Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of that intervention the past decade was not wise.
Even after two years of "transitory" inflation, America's ruling classes insist that prices are falling and that all of this is temporary. We don't believe them.
By any conventional measures of finance, the Federal Reserve has negative equity. In the long run, cooking the books only puts off the day of reckoning.
The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.
It is the right of the consumer, not the regime, to determine what lighting sources work best for them.
After years of inflationary intervention, the Federal Reserve has no more rabbits to pull out of the hat.
Ryan and Zack talk about some of the details from the recently leaked Pentagon documents.
While the Fed and the Biden administration try to assure Americans that their banks are safe and secure, the numbers tell a different story.
American politicians are beating war drums. They forget that bad relations are costly in many ways.