Tag Archives: interest rate
Facing Down a Wrath of Biblical Proportions
An enterprising entrepreneur did a comedic graphic of Federal Reserve Chairman Jerome Powell captioned: “IN JPOW WE TRUST.” You may have seen it. The image shows Powell flamboyantly wearing a preacher’s robe and making an esoteric hand gesture with his right hand. His face is grimacing like he’s passing a kidney stone. Continue reading
Why Labor Productivity Has Collapsed
Recession. Raging consumer price inflation. A Presidential administration that seeks to confuse and obfuscate what’s really going on. These are the realities facing American workers in the dog days of August circa 2022. Continue reading
Blowups and an Epic Mega-Catastrophe are Coming
The Federal Reserve has an extreme and heavy handed influence over credit markets. But it’s not master of it. The fact is, Fed credit market intervention plays second fiddle to the overall rise and fall of the interest rate cycle. Continue reading
Boondoggle Democracy for the Elites
President Joe Biden puffed out his chest. He grinned from ear to ear. He’d finally accomplished something as President. The passing of a $1.2 trillion infrastructure boondoggle. Continue reading
