Monthly Archives: January 2024
Fed’s QT Taper Talks Are Already Behind The Eight Ball
The monitory policy order has changed dramatically over the last five years. For example, March marks the end of the Fed’s Bank Term Funding Program (BTFP). This, coupled with the rapid draining of reserves, suggests the Fed’s plans for tapering QT are already behind the eight ball. Continue reading
The Rapid Closure of America’s Technological Power Gap
After 40 years of rapid globalization, more and more U.S. adversaries – or potential adversaries – have the knowhow and resources to compete for technological dominance. The technological power gap and the cost to fill it plunges with each iteration of Samad drones. In effect, long-range drones, like the Colt 45 of the late-19th century, are the great equalizer. Continue reading
Yellen’s Bald-Faced Lies
Did you see the recent government propaganda from the U.S. Bureau of Labor Statistics? Not the latest faulty claim that consumer prices increased at an annual rate of just 3.4 percent in December. But rather the claim that 216,000 jobs were added in December. Continue reading
Facing Up to the Wreckage from the Past
January, named for the Roman god Janus, protector of gates and doorways, is depicted with two faces. One looking into the past. The other into the future. Continue reading
