Close

Smoke and Mirrors: The “Greatest Economy” is Built on Spending and Debt

August 2, 2019 Debt / Economy 0

By: Mike Maharrey President Trump has repeatedly bragged about “his” economy, talking about economic growth in glowing, hyperbolic terms. To hear the president tell it (or tweet it as the ...

Read more.

Why Do Central Bankers Oppose a Gold Standard?

July 19, 2019 Economy / Federal Reserve 0

By: Mike Gleason Federal Reserve Chair Jerome Powell’s testimony before Congress was closely scrutinized not just for its economic implications but also for its political overtones. Powell cited “trade tensions” ...

Read more.

How the Fed Wrecks the Economy

By: Mike Maharrey When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit Pres. Trump’s tax cuts for the ...

Read more.

Newsflash: Social Security and Medicare Still Going Broke

By: Mike Maharrey Last year, Social Security and Medicare trustees warned that the programs are going broke. A year later — they’re still going broke. This shouldn’t come as a ...

Read more.

Federal Reserve Appears Poised to Resume Monetizing U.S. Government Debt

By: Mike Maharrey It looks like the Federal Reserve is about to get back into the bond business and help the US government deal with its massive debt. The Treasury ...

Read more.

This is a Debt Spiral

By: Mike Maharrey The U.S. federal government has spun into a death-spiral. Or perhaps we should call it a debt-spiral.  According to the Committee for a Responsible Federal Budget president ...

Read more.