Government Warning About the Problems It Created

by | Nov 12, 2020 | Audio/Video, Federal Reserve, Maharrey Minute

The Federal Reserve issued a report this week warning about overvalued asset prices and the possibility of a wave of credit defaults due to the extreme levels of debt in the economy. What it didn’t mention is the fact that it created the very problems it is...

States to Congress: Print More Money

by | Jun 22, 2010 | Economics, Federal Reserve

Writes Ryan W. McMaken The states (and the local governments) are facing crushing deficits and declines in tax revenues. Unlike the feds, the states can’t simply monetize debt by having the Fed purchase enormous amounts of new debt. But that doesn’t mean the states...