Do people want central bank digital currencies, better known as CBDCs? Countries that have experimented with or launched digital versions of their respective currencies have witnessed little fanfare for these endeavors. Put simply, they are not appealing to the general public. Yet governments are still foisting them onto their populations, perhaps because they might be […]

The mainstream media is working overtime to scrub Vice President Kamala Harris’ record and memory hole the findings heading into the November election. It could be the latest attempt by the establishment press to propel her to the top government position in the land. But the internet is forever. From her radical record in the […]

Is Federal Reserve monetary policy restrictive? Chair Jerome Powell and many of his colleagues have insisted that conditions are tight, meaning that policymakers are decelerating money supply growth to slow down the economy. A tidal wave of data suggests that if the desired objective is to eradicate inflation by slowing the economic landscape, then either […]

With rents near record levels, policymakers are resorting to rent controls. For more episodes, click here.

Think the world will return to the pre-crisis climate of 0% interest rates? Think again, says the International Monetary Fund. For more episodes, click here.

Does Fed policy still function with “long and variable” lags? Last week, two central bank figures – Federal Reserve Governor Christopher Waller and Richmond Fed President Tom Barkin – suggested that it does not matter when the Eccles Building cuts interest rates, be it September or December. The officials purported that the effects of monetary […]

Investing in the US manufacturing sector has been a critical plank of the Bidenomics doctrine. Since the passage of the Inflation Reduction Act, the CHIPS and Science Act, and the Bipartisan Infrastructure Law, domestic and foreign corporations have been given hundreds of billions of dollars in subsidies, grants, tax credits, and narrow tax breaks. Despite […]

China just completed its four-day Third Plenum, a major meeting of Chinese Communist Party (CCP) officials held about every five years to determine the nation’s long-term economic and social policies. This year’s event failed to generate excitement in the world’s second-largest economy as President Xi Jinping and his henchmen vowed to move ahead with deep […]

If there were one issue to bring together economists of all stripes, it would be opposition to rent control laws. “In many cases, rent control appears to be the most efficient technique presently known to destroy a city—except for bombing,” said left-leaning economist Assar Lindbeck in 1971. And yet, President Joe Biden appears to be […]

Students are cheating using ChatGPT. Toys “R” Us recently produced a commercial almost entirely with generative artificial intelligence. Wall Street is incorporating AI into its investment models. Evidently, the world has fallen in love with the endless possibilities surrounding AI that could advance civilization or enslave the population. But while businesses and consumers embrace AI, […]

Make the rich pay their fair share – it’s a common rallying cry among progressives, and the current administration hasn’t hesitated to use it. Despite the evidence suggesting the wealthy pay far more than that already, President Joe Biden has continued to target corporations and the affluent with a broad array of tax hikes and […]

Modern Monetary Theory (MMT) is an economic idea already debunked. And yet, it is still being talked about. For more episodes, click here.

When even proponents of Modern Monetary Theory (MMT) say the US government is spending like drunken sailors, it might be time for public officials to examine the federal budget. Washington is currently spending as if the economy were on the brink of a financial crisis. With the country embroiled in permanent trillion-dollar budget deficits, a […]

In countries worldwide, leaders are building back better by growing the size and scope of government. In other words, they are trying to pad the data through artificial stimulus tools. But is a ballooning public sector reshaping the US economy? The doctrine of Bidenomics might usher in a new era of making everyone dependent on […]

A group of Nobel prize-winning economists is sounding alarm bells that former President Donald Trump’s economic policies will reignite inflation should he secure a second term in the White House. The irony is that these are the same chorus of professionals who failed to forecast inflation in 2021, with some shrugging off the legitimate concern […]

President Joe Biden might have a worse record on the economy than his presumptive 2024 challenger. However, regarding fiscal policy, the incumbent and former President Donald Trump share an abhorrent reputation for adding trillions to the national debt even without the coronavirus pandemic. A new report placed the budget-related spotlight on Bidenomics and Trumponomics and […]

For the US dollar, it has been the best of times and the worst of times.  Over the last few years, the greenback has ironically been as good as gold in global financial markets. During times of worldwide turmoil, from economic devastation to military conflicts, governments, central banks, and investors have sought shelter in the […]

At this stage, what more can be said about the fiscal state of the US government? The Congressional Budget Office, also known as the CBO, published its updated 2024-2034 economic and budget outlook. The numbers were not pretty, to say the least. The report gazed into the future and determined that fiscal discipline will never […]

Will former President Donald Trump return the US tax code to where it was before 1913? The presumptive Republican presidential nominee briefly floated the idea of putting the kibosh on the income tax and replacing it with a tariff. While an unlikely public policy proposal, it does generate exciting possibilities for the United States economy […]

President Joe Biden has been reaching out to corporate America for advice on bolstering the economy, the same group he has accused of price gouging consumers and ripping off the country. Former President Donald Trump, the presumptive Republican nominee, thinks the business community is on his side heading into the November election. What do businesses […]

Will interest costs fuel America’s debt crisis? The ocean of red ink flooding the nation’s capital has garnered renewed attention over the past year. But taxpayers should not expect anything to change because politicians on both sides of the aisle are furrowing their brows and expressing concern rather than taking the necessary action to prevent […]

A Social Security quagmire: running out of funds and current benefits are not enough. For more episodes, click here.

For years, there has been a debate surrounding the mass migration cost to US taxpayers. In January, the Committee on the Judiciary and Subcommittee on Immigration Integrity, Security, and Enforcement projected that federal and state governments have spent nearly $151 billion on illegal aliens in the past year, be it welfare payments or incarcerating migrants. […]

The US economy received its “wow” signal after a surprisingly stronger-than-expected May jobs report. But, as has been the case for a while, the labor arena is not as impeccable as the Bureau of Labor Statistics (BLS) reports on page one. What was uncovered underneath the hood? What Happened to the Jobs? Let’s comb through […]