Posts related to economics.
Draining the value of dollars. Every time politicians and commentators discuss inflation, they speak as if it were a natural disaster—an unpredictable storm that somehow swept across the grocery aisles and housing markets. They blame supply chains, foreign wars, or…
Our dollars aren’t what we think they are. Most discussions about central banking get bogged down in technical jargon about basis points, overnight repo facilities, and open-market operations. But beneath the veneer of complex financial engineering lies a fundamental moral…
Interest paying are a massive tax drain. There is a point where financial mismanagement stops being an accounting failure and becomes an urgent moral crisis. In Washington, the national debt is routinely discussed with eyes glazed over, dismissed as an…
