September 6, 2019        

Inverted Yield Curves, Recessions, and You
by

To understand what an inverted yield curve means, you must first understand what the yield curve is.

The "Public Goods" Excuse for Big Government
by

We can't just assume "public goods" like national defense benefit everyone. They come with real costs, and all the "services" that fall under the category of national defense are certainly not of equal use or benefit.

Spending has gone up relentlessly since Republicans gained control of both the White House and Congress in 2016. The Democratic takeover of the House has, not surprisingly, done nothing to stop the spending juggernaut.

Last week, the facade of Federal Reserve “independence” was dealt a severe blow. Ironically, the person who broadcast to the world that the Fed is anything but “independent” was ex-New York Fed President Bill Dudley.
 


    

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