The Fed Is Losing Tens of Billions: How Are Individual Federal Reserve Banks Doing?
The Federal Reserve System as of the end of July 2023 has accumulated operating losses of $83 billion and, with proper, generally accepted accounting…
The Real Cost of De-Dollarization
Despite its current challenges, the US dollar’s status as the world’s main reserve currency remains integral to the multilateral trade system as we know…
Money Blindness and Money Clarity
Inflation erodes economic value and distorts perceptions. People often blame rising prices instead of realizing the problem lies with the currency itself.Joakim Book Last…
Money Blindness and Money Clarity
Inflation erodes economic value and distorts perceptions. People often blame rising prices instead of realizing the problem lies with the currency itself.Joakim Book Last…
Are El Salvador’s Results with Bitcoin a Reliable Indicator for the Future?
Samuel Hooton El Salvador’s adoption of Bitcoin as legal tender promised economic benefits, but limited adoption and volatility have led to failing results. Is…
Default by Inflation Is the Real Drama in the Global Debt Market
The real drama of default in global markets has not been the federal debt ceiling negotiations in Washington but the write-off by inflation. The…
Commodity Prices Debunk the “Blame Ukraine” Excuse for Inflation
Most politicians have used the “Ukraine invasion card” to justify the massive inflationary burst in 2021-2023. It does not matter if inflation was already…
Price Inflation Growth Slowed Slightly in April. Now Wall Street Will Demand More Easy Money.
The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data Wednesday, and according to the report, price inflation during April decelerated slightly, coming…
Economic freedom: The key to unlocking economic growth and prosperity
Global economic freedom is declining, impacting countries’ abilities to grow their economies. Examining the link between economic freedom and prosperity. Global economic freedom is…
The Five Stages of Bank Failure Grief
The talking heads on financial TV ask everyday where we are in the banking crisis. Is it over yet? After scooping up First Republic,…