Elizabeth Warren blames lack of regulation for the latest banking crisis. But she believes that the easy money regime that is really causing the crisis is perfectly fine.
We are all poorer, even if headline price inflation is slightly lower. Slowing CPI growth does not mean lower prices, just a slower pace of destruction of the purchasing power of money.
Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value.
From race to gender to nearly everything else, decisions about what is correct or incorrect are made according to politics. This is a recipe for social destruction.
Many governments support continuing the Ukraine war, but ordinary people in Europe, America, and the developing world fear the war will bring economic disaster.
Like the arsonist who then heroically fights the fire he set, the Fed is increasing its efforts to bail out banks both at home and abroad. This does not end well.
