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  • The chances that the Fed will cause the next bust are going up

    The chances that the Fed will cause the next bust are going up

    March 14, 2023 | 09:34am

    From last Wednesday: As the Fed 'fights inflation' by increasing interest rates, its actions will not produce the hoped-for 'soft landing,' but rather the hard bust.
  • Congress and the Federal Reserve could be putting us on a path to a bad economy

    Congress and the Federal Reserve could be putting us on a path to a bad economy

    December 31, 2022 | 07:46am

    If lawmakers keep spending like they are, and if the Fed stops trying to control inflation, the government may create a perfect storm.
  • Histories demonstrate that high inflation can persist for over a decade

    Histories demonstrate that high inflation can persist for over a decade

    December 20, 2022 | 04:18pm

    Wall Street is sure that the Federal Reserve will soon create a 'soft landing' by reducing inflation without triggering a recession. They must reconsider their convictions.
  • The rate of inflation drops to 7.1%, but it still has a long way to go down

    The rate of inflation drops to 7.1%, but it still has a long way to go down

    December 13, 2022 | 03:40pm

    In November, food prices went up by 0.5% while energy prices went down by 1.6%.
  • Wall Street wants to raise the target inflation rate above 2%. This is not a surprise

    Wall Street wants to raise the target inflation rate above 2%. This is not a surprise

    December 13, 2022 | 02:55pm

    People argued 26 years ago about whether or not the target inflation rate should go from 0% to 2%. We're now hearing that it should be 4% or 6%.
  • Without the Fed's easy money, home prices will keep going down

    Without the Fed's easy money, home prices will keep going down

    October 27, 2022 | 08:45am

    Home prices can't keep going up like they have in the past few years without the central bank continuing to give out easy money, and this is clear.
  • After another month of sharply rising prices, inflation hits 8.2%

    After another month of sharply rising prices, inflation hits 8.2%

    October 13, 2022 | 03:43pm

    Prices went up by 0.4% in September, which was faster than economists thought and shows that higher interest rates aren't doing the trick.
  • Zombie Spending That Just Won't Die

    Zombie Spending That Just Won't Die

    October 10, 2022 | 03:08pm

    Congress is bad at running the country and keeping an eye on it because it keeps throwing good money after bad.
  • Prices went up a lot in August, which means that earnings went down again

    Prices went up a lot in August, which means that earnings went down again

    September 14, 2022 | 02:24pm

    The Bureau of Labor Statistics of the U.S. government released new data on price inflation today, and it wasn't good. Before taking into account seasonal changes, the Consumer Price Index (CPI) showed that inflation rose 8.3% year over year in August, according to the BLS. That's the seventeenth month in a row that inflation has been higher than the Fed's arbitrary target of 2%. It's also the sixth month in a row that prices have gone up by more than 8%.
  • A fake federal agent admits to a scam involving the Secret Service

    A fake federal agent admits to a scam involving the Secret Service

    August 04, 2022 | 07:45am

    A man from Washington, DC, who pretended to be a federal agent to get $800,000 worth of real estate has decided to work with the government.
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