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It seems likely the mortgage-backed securities will be on the Fed’s balance sheet until they finally mature. In the meantime, they will continue racking...
Ryan and Tho examine the role that ideology and interest groups will have on Trump’s administration and on his political appointees.
This might sound radical or extreme, but the US somehow managed to get along for more than 225 years before this Department was created.
Shoddy service, regular breakdowns, and overbudget to boot. There is a reason why government-funded projects always waste resources. Original Article: “The Failure of Public...
The Biden administration has decided that the REAL problem with housing is that the wrong people are saving money and making timely mortgage payments....
With negative growth now falling to near –10 percent, money-supply contraction is now the largest we’ve seen since the Great Depression. Original Article: “The Money...
Progressive governments in the name of equity are calling for taxation of capital gains. They really are demanding destruction of capital through capital consumption. ...
Economically speaking, the US government is bankrupt even if the government won’t admit what is obvious. But how would an actual bankruptcy proceeding go? Original...
Despite the soothing hot air from the White House and Fed officials, the financial system is becoming increasingly fragile and unstable. Maybe all of...