Tag Archives: debt
When Budget Deficits Will Really Go Vertical
United States Secretary of Treasury Steven Mnuchin has a sweet gig. He writes rubber checks to pay the nation’s bills. Yet, somehow, the rubber checks don’t bounce. Instead, like magic, they clear. How this all works, considering the nation’s technically … Continue reading
As the Controlled Inflation Scheme Rolls On
American consumers are not only feeling good. They’re feeling great. They’re borrowing money – and spending it – like tomorrow will never come. On Monday the Federal Reserve released its latest report of consumer credit outstanding. According to the Fed’s … Continue reading
Why You Should Embrace the Twilight of the Debt Bubble Age
People are hard to please these days. Clients, customers, and cohorts – the whole lot. They’re quick to point out your faults and flaws, even if they’re guilty of the same derelictions. The recently retired always seem to have the … Continue reading
Why Monetary Policy Will Cancel Out Fiscal Policy
Good cheer has arrived at precisely the perfect moment. You can really see it. Record stock prices, stout economic growth, and a GOP tax reform bill to boot. Has there ever been a more flawless week leading up to Christmas? … Continue reading
