Thursday God help us. The current roaring inflation did not start with Comrade Putin’s barbaric invasion of Ukraine. It started with Comrade “Joe” Biden’s slamming down fracking and the big pipeline. That, by itself, turned America from a major oil…
President Joe Biden is taking victory laps for last year’s reduced budget deficit. No one would be happier than me to see this number fall in a significant way. But the decline has nothing to do with the president’s policies,…
Fear and raging inflation have roiled hot but still nascent digital currency markets. From November 15 to May 26, the cryptocurrency market plunged 57 percent, with $1.6 trillion of value lost. At the same time, the price of leading cryptocurrencies…
After presiding over the biggest Federal Reserve failure in 40 years and with inflation rating as the top concern among Americans, Jerome Powell’s nomination to a second term as chairman was approved this past week by the Senate, 80 to…
Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pandemic — and Prevented Economic Disaster, by the Wall Street Journal’s Chief Economics Correspondent Nick Timiraos, is a page-turning paean to Fed Chairman Powell and the central…
In March, inflation surged to 8.5 percent over a yearlong period — the highest in more than 40 years. The Federal Reserve’s reign of easy money unleashed the scourge. While enormously destructive, inflation isn’t complicated. It’s caused by too much money…
Many people still blame today’s inflation on snags in globe-spanning supply chains. The chief proposed solution is to dismantle decades of globalization and bring production home. Some are also pushing for measures to offset inflation, including robust child subsidies and…
President Joe Biden has continuously stated that “climate change” is the highest priority of his administration, fueled by Build Back Better spending. We are witnessing the disastrous impacts that establishing the wrong priorities can have. On the day Biden became…
As the greatest inflation spike of the last 50 years occurs, the utter failure of economists, their models, and many pundits to foresee what was coming is worth highlighting. Of course, the biggest malfunction in the story was that of…
