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Inflation Is a Dangerous Way to Get Rid of Debt Burdens...
Suppose you lent someone $100, and when they paid you back they only handed you, say, $99 or $80. Would you consider the borrower...
Biden’s budget includes a jump in climate spending – here’s why...
David M. Hart, George Mason University President Joe Biden is calling for a more than 60% increase in spending to fight climate change in his...
‘Primed for Pain’: New Report Shows Amazon Workers Injured More Than...
A new report out Tuesday accuses Amazon of having an "abysmal health and safety record" as a result of its obsession with production speed,...
The Fed’s Argument That It’s Not Directly Financing Government Debt Finally...
The most interesting thing about what the Fed is now doing is that it is illegal. The Fed’s argument that it is not monetizing...
Systemic Risks Abound – Charles Hugh Smith (06/02/2021)
If you wanted to design a system guaranteed to collapse in a putrid heap, you'd make moral hazard ubiquitous and you'd make the system...
The Federal Reserve’s Ballooning—and Risky—Balance Sheet – Bill Bergman (06/02/2021)
The Fed has embarked on a massive expansionary quest in recent years. In 2020, total Reserve Bank assets rose from $4.2 trillion to $7.4...
