In the Event of an Official US Bankruptcy
Economically speaking, the US government is bankrupt even if the government won’t admit what is obvious. But how would an actual bankruptcy proceeding go?
U.S. Economy
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Should Local Municipalities Default on Their Debts? Seems Like a Good Idea
While most free market advocates are fixated on the national debt, they also should be looking at municipal debt over which taxpayers have no say. Maybe default is the answer.
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.
The Ruling Classes Are Inflation Deniers and the Ship of Fools Sails On
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.
The Fed Is Overindebted, Isn’t It?
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.
A Pyrrhic End to 130 Years of Vicious Bad Money and Banking Crises
The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.
Shedding Light on the Law of Unintended Consequences
It is the right of the consumer, not the regime, to determine what lighting sources work best for them.
The Failure of the Federal Reserve: The Covid Boom and Unnecessary Intervention
After years of inflationary intervention, the Federal Reserve has no more rabbits to pull out of the hat.
What the Leaked Pentagon Docs Tell Us about the Ukraine War
Ryan and Zack talk about some of the details from the recently leaked Pentagon documents.
Congress Ignores Real Debt Ceiling Drama
The looming economic crisis is a symptom of our moral and philosophic crisis.
