U.S. Economy

Displaying 81 - 90 of 1896

The Five Stages of Bank Failure Grief

Cronyism and CorporatismThe FedMoney and BanksU.S. Economy

Blog05/20/2023

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.

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Biden’s New Intersectionality: Where Equity Policies Meet Bad Economics

Economic PolicyPoliticsProgressivismU.S. EconomyInterventionism

Blog05/15/2023

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.

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In the Event of an Official US Bankruptcy

Taxes and SpendingU.S. Economy

Blog05/12/2023

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?

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Finance Discovers Sting: "How Fragile We Are"

Financial MarketsMoney and BanksU.S. EconomyInterventionism

Blog05/11/2023

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.

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The Fed Is Overindebted, Isn’t It?

Economic PolicyThe FedMoney and BanksStrategyU.S. Economy

Blog05/08/2023

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.

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Shedding Light on the Law of Unintended Consequences

Bureaucracy and RegulationU.S. EconomyInterventionism

Blog05/05/2023

It is the right of the consumer, not the regime, to determine what lighting sources work best for them.

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Congress Ignores Real Debt Ceiling Drama

Cronyism and CorporatismPoliticsTaxes and SpendingU.S. Economy

Blog05/02/2023
The looming economic crisis is a symptom of our moral and philosophic crisis.
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Charles Schwab and Other Big Banks May Be Secretly Insolvent

The FedMoney and BanksU.S. Economy

Blog05/01/2023

While the Fed and the Biden administration try to assure Americans that their banks are safe and secure, the numbers tell a different story.

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Should Local Municipalities Default on Their Debts? Seems Like a Good Idea

AntipoliticsBureaucracy and RegulationTaxes and SpendingU.S. Economy

Blog04/26/2023

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.

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Prices, Food, Employment: AI and Robotics Are for Regular Folks, Not Just the Elite

Economic FreedomMedia and CultureU.S. Economy

Blog04/26/2023

While politicians, media mavens, and the academic elite spread fear about artificial intelligence, AI is helping make life better for ordinary consumers.

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