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...
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The rise of the state led to the rise of credentialism, however, credentialism neither guarantees competence nor quality.
Inflation is a government tool used to confiscate wealth from ordinary citizens and transfer it to government agents and others who are politically connection....
Bob revisits Böhm-Bawerk’s critique of the exploitation theory of interest to answer modern claims that billionaires like Elon Musk must have “stolen” their wealth...
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...
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,...
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...
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...