I’ve got a video to show you that you probably haven’t seen. It’s 14 minutes long, and it’s from the testimony last week by Treasury Secretary Janet Yellen at the Senate’s hearing on the Biden budget. And specifically, Sen. John…
Sam Bankman-Fried’s arrest makes for a fitting final act to this chapter of cryptocurrency history. The internet prodigy-turned-supervillain had been at large for a whole month since the spectacular collapse of his crypto trading platform, FTX. But Sam is no…
“Abuse of words has been the great instrument of sophistry and chicanery, of party, faction, and division of society.” – John Adams The Biden administration has mastered sophistry, the use of ostensibly logical but erroneous arguments that are intended to…
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…
With Roe v. Wade likely to be overturned, progressive leaders in the Democratic Party have doubled down on their efforts to insert abortion rights into the Constitution. Such efforts seem odd in light of issues like the war in Ukraine…
Abortion may be the most incendiary and divisive issue facing the U.S. since slavery. Consider how progressives reacted to the leak of Justice Samuel Alito’s draft opinion in Dobbs v. Jackson’s Women’s Health Organization, which would overturn the infamous abortion decision…
When all you have is a hammer, everything does indeed look like a nail. This is the best way to describe government officials’ unoriginal and often destructive thinking. No matter the problem du jour, the answer is always more government…
The Fed plays a hitherto unprecedented role in the U.S. economy. Growth in the money stock, which had until 2020 remained in the single digits annually, has soared by a remarkable 40 percent since the beginning of the pandemic. Yet…
Federal Reserve Chairman Jerome Powell admitted Tuesday before the Senate Committee on Banking, Housing, and Urban Affairs that inflation is “running very far above our target.” “This year, in all likelihood, we’ll be normalizing policy,” he continued. “We’re going to…