For this week‘s version of Friday Philosophy, Dr. David Gordon reviews Mary Grabar‘s Debunking FDR, which examines Roosevelt‘s paternalistic worldview and how
MMT uses chartalism and a few dubious examples to appeal to history to establish the theory‘s authority and validity, only to discard
Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”
Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”
The 20th century gave us two world wars that have altered the world's political landscape to this day. We would do well
President Trump has made a lot of noise in the business community in the first few months of his administration. Unfortunately, his
30-year Treasury yield spikes to 5.09%, 10-year yield hits 4.61%. 10-yr yield is back at 2005 levels.
On Wednesday, the Treasury bonds auction was so weak that 20-year and 30-year yields continued to rise as investors expect a rising
Government protection and deposit insurance slows the inevitable—until it doesn’t.