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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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...
Trump has abandoned the 50-year mortgage scheme, after most people figured out it mostly helps bankers at the expense of ordinary people.
Central bankers don’t fear Trump “politicizing” the Fed. They fear he’ll expose it already is.
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...