It will be a heck of a challenge to explain this period to future generations. Decades of inflation culminated in unmatched monetary disorder. There is literally “money” sloshing everywhere (for the taking) – at home and abroad. Credit is readily available to even the lowest quality borrowers. Unprecedented speculative leverage fuels myriad Bubbles. Easy money and asset inflation breed corruption.
He was impressive. Listening intently to Kevin Warsh’s post-meeting press conference was a reminder of why I admired Fed Governor Warsh (2006 to 2011) and was disappointed to see him leave the institution. The new Chair conveyed complete control over… Read More ›
My question to AI Gemini… are we winning the gulf war? No, the United States is widely seen as failing to achieve its strategic objectives in the current 2026 Gulf conflict, commonly referred to as the “Third Gulf War” or… Read More ›