Politics
The Fed’s cost overruns in its building renovation project supposedly are not borne by taxpayers because, as the myth goes, the Fed is “self-financing.”...
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Politics
Despite the claims of the chartalists and modern monetary theory advocates, early American monetary history tells a much different story. In fact, much of...
Politics
However one may turn the matter, one cannot discover any reason why an ideological distortion of truth should be more useful to the bourgeoisie...
Politics
Despite the claims of the chartalists and modern monetary theory advocates, early American monetary history tells a much different story. In fact, much of...
Politics
Government entities like the Postal Service operate in a world of market prices, so they are not fully socialist. However, they still are subject...
Politics
If NATO members aren’t even safe from other NATO members then what value is the alliance? There is one good thing that could come...
Politics
Gresham’s Law isn’t about greed or bad behavior. It describes rational decision-making under fixed rules.
Politics
People who lost their homes last year in the LA wildfires are finding government roadblocks to rebuilding, due to systems put in place by...
Politics
Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at Biden-era levels and interest...
Politics
In the Powell v Trump feud, the world’s central bankers support Powell. This is not surprising since central banks coordinate policy to benefit the...
Politics
This feud is little more than two factions within the Federal government fighting over how exactly to use the Fed’s many powers to inflate,...
Politics
The current Washington tiff between Donald Trump and Jerome Powell is being reframed as Powell heroically defending the Fed’s “independence.” In truth, the Fed...
Politics
Trump ways he wants to spend half a trillion more dollars on military spending, even as federal spending persists at Biden-Era levels and interest...
Politics
The Central Banking Establishment Is Genuinely Worried About Trump, but Not for the Reasons They Say
Central bankers don’t fear Trump “politicizing” the Fed. They fear he’ll expose it already is.