“The benign-sounding Credit Card Competition Act is a double whammy. It’s not just a threat to my credit card rewards; It’s a violation of my libertarian principles.” ~Jon Miltimore
READ MORE“Typically, there is little risk of losing a lender of last resort in countries with troubled currencies that are considering dollarization because such countries don’t have a lender of last resort to lose.” ~ Nicolas Cachanosky
READ MORE“I like to explore innovations that promise not violent overthrow but rather ways to undermine or circumvent unjust authorities or corrupt incumbents.” ~ Max Borders
READ MORE“Russia and China are leading an effort to not only strengthen cooperation between the five nation BRICS core but to expand the membership of BRICS into a ‘BRICS+.’” ~ Peter C. Earle
READ MORE“The bill that the US House passed by a voice vote would require the SEC to develop a test to determine whether someone is knowledgeable enough to forgo the investor protections built into public offerings to the general public.” ~ Gerald P. Dwyer
READ MORE“AIER’s April Business Conditions Monthly indicators reflect the disparate, and to some extent offsetting economic signals emergent within the US economy today.” ~ Peter C. Earle
READ MORE“Climate-related innovation does not seem to pose a unique risk to the financial system. And lenders have a long history of adapting to technological innovation.” ~ Bryan Cutsinger
READ MORE“As a ‘dark horse’ candidate, Ramaswamy has a greater burden of proof before the electorate. He needs to prove his policy proposals are a cut above his rivals’.” ~ Alexander W. Salter
READ MORE“The Fed says it created BTFP to ‘support American businesses and households.’ But those businesses and households will ultimately be on the hook if the Fed’s risk-taking turns out to be too much.” ~ Nicolás Cachanosky
READ MORE“The US economy looks to be pointed in a troubling direction. Federal unemployment data shows record low unemployment, but state-level data paints a different picture: one where the current ‘stagflation lite’ conditions could soon become fully stagflationary.” ~ Peter C. Earle
READ MORE“Does the Biden administration believe that home buyers have the moral duty to sacrifice their own objectives in order to help others achieve their goals, and the government should enforce this moral duty?” ~ Peter J. Wallison
READ MORE“A more diversified ecosystem for financing has the potential to encourage and incentivize a dynamic and innovative economic system, which is why Apple’s gearing up for what seems to be neobank status is certainly worth paying attention to.” ~ Kimberlee Josephson
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