Here’s How the Federal Government Is Mucking Up the Inflation Fight
By hiking interest rates, the Federal Reserve has pulled some of its monetary stimulus out of the economy. While the Fed hasn’t done nearly enough to put the inflationary fire it lit with more than a decade of easy money, cooling consumer price index (CPI)...
Are Bank Failures a Sign of More Trouble Ahead?
The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in US history. First Republic Bank also seemed on...
Unsustainable: Record Spending Can’t Go On Forever
The biggest government in history is effectively running on credit cards. The U.S .government ran a $1.38 trillion budget deficit in fiscal 2022 despite government receipts at near-record levels. This further highlights the federal government’s out-of-control spending...