Tag Archives: jerome powell
Dead Meat in Jackson Hole
This Thursday through Saturday, for the 37th consecutive year, the Kansas City Federal Reserve is hosting its economic symposium in Jackson Hole. Central bankers from the Federal Reserve have descended upon the valley like 19th century fur trappers. Who they bill their expense reports to is a question that’s better not asked. Continue reading
Do You Hear a Bell Ringing?
The sun shines brightest across the North American continent as we enter summer’s dog days. Cold sweet lemonade is the refreshment of choice at ballparks and swimming holes alike. Many people drink it after cutting the grass, or whenever else a respite from the heat and some thirst quenching satisfaction is needed. Continue reading
The Four Dimensions of the Fake Money Order
“If you don’t know where you’re going, any road will get you there,” is a quote that’s oft misattributed to Lewis Carrol. The fact that there’s ambiguity about who’s behind this quote on ambiguity seems fitting. Continue reading
Feeling the Heat of a Civilization on the Downside
The political, financial, economic, and social foundations that have been in place over the last 75 years – and perhaps, over the last 220 years – are breaking down. And no policy directive, no interest rate adjustment, no trade tariff, no five year plan, no extraordinary measures, no green new deal, and no technocratic prevarication is going to stop it. Big Government doesn’t stand a chance. Continue reading
