Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?!…
Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?!…
On Friday January 13, Treasury Secretary Janet Yellen wrote to Congress that the U.S. government will hit its borrowing limit on January 19, forcing the new Congress…
Congress has passed two major infrastructure bills in the last year, but imminent needs remain. The 2021 Bipartisan Infrastructure Law chiefly focused on conventional highway programmes, and…
In prescribing cures for inflation, economists rely on the diagnosis of Nobel laureate Milton Friedman: inflation is always and everywhere a monetary phenomenon—too much money…
“Deglobalising” and “dedollarising” have been much in the news. Reducing dependence on the global supply chain and the US dollar are trends that are happening…
A confluence of crises—lockdowns and business closures, mandates and worker shortages, supply chain disruptions and inflation, sanctions and war—have compounded to trigger food shortages; and…
This is part two to my last post, the gist of which was that national and global debt levels are unsustainably high. We need a “reset,”…
In ancient Mesopotamia, it was called a jubilee. When debts at interest grew too high to be repaid, the slate was wiped clean. Debts were…
Foreign critics have long chafed at the “exorbitant privilege” of the US dollar as global reserve currency. The USA can issue this currency backed by…
Inflation is plaguing consumer markets, putting pressure on the Federal Reserve to raise interest rates to tighten the money supply. But as Rex Nutting writes…
The Federal Reserve is caught between a rock and a hard place. Inflation grew by 6.8 per cent in November, the fastest in 40 years, a…
A month before the 2021 United Nations Climate Change Conference (known as COP26) kicked off in Scotland, a new asset class was launched by the…