The optimistic scenario goes like this. America shakes off what remains of the pandemic in the coming months without the need for trillions in additional borrowing, Congress doesn’t pass any …
Enough About Interest Rates! Authored by Alexander William Salter via The American Institute for Economic Research, Monetary policy isn’t about interest rates. It’s about money. Specifically, it’s about the supply of …
What If Everyone Is Wrong About US Inflation’s Impact On Interest Rates? By Nicholas Colas of Datatrek Just one “Markets” topic today, but an important issue so it needs our …
The scale and scope of government spending expansion in the last year are unprecedented. Because Uncle Sam doesn’t have the money, lots of it went on the government’s credit card. …
One popular critique of bitcoin is energy cost per transaction. This doesn’t begin to capture bitcoin’s massive energy savings compared to fiat currency. Bitcoin’s cost per transaction is well known, …
[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in 2021.] The “yield curve” refers to a graph showing …
Futures Spooked By Hottest Chinese Factory Inflation Since 2018 US equity future struggled for direction after hitting an all time high of 4,102 as investors assessed economic growth prospects against …
“Boom Or Bust For The Economy & Markets” – JPM Previews The Next 100 Days For Biden On April 7, 2021, JPMorgan hosted two sessions as part of the J.P. …
Back in the 1960s, Everett Dirksen (1896-1969) served as the Republican Party minority leader in the U.S. Senate. One of his famous lines about federal government spending was, “A billion …
Fallout From Greensill Collapse Splatters British Government, Leaves Taxpayers With Big Losses Authored by Nick Corbishley via NakedCapitalism.com, Downing Street’s dodgy dealings with Citigroup and Greensill show just how far …