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Cronyism and CorporatismThe FedMoney and BanksU.S. Economy
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.
Economic PolicyPoliticsProgressivismU.S. EconomyInterventionism
The Biden administration has decided that the REAL problem with housing is that the wrong people are saving money and making timely mortgage payments. They must be punished.
Taxes and SpendingU.S. Economy
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?
Financial MarketsMoney and BanksU.S. EconomyInterventionism
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.
Economic PolicyThe FedMoney and BanksStrategyU.S. Economy
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.
Bureaucracy and RegulationU.S. EconomyInterventionism
It is the right of the consumer, not the regime, to determine what lighting sources work best for them.
Cronyism and CorporatismPoliticsTaxes and SpendingU.S. Economy
The FedMoney and BanksU.S. Economy
While the Fed and the Biden administration try to assure Americans that their banks are safe and secure, the numbers tell a different story.
AntipoliticsBureaucracy and RegulationTaxes and SpendingU.S. Economy
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.
Economic FreedomMedia and CultureU.S. Economy
While politicians, media mavens, and the academic elite spread fear about artificial intelligence, AI is helping make life better for ordinary consumers.