A Most Abhorrent Institution

February 20, 2026 The Federal Reserve is a most abhorrent institution. Its habitual money printing and interest rate repression serves to enrich banks just as it bankrupts the middle class. Want proof? Underneath the thin veil of consumer prosperity lies a pile of...

GSE QE

January 16, 2026 I fully support President Trump’s desire to fire Jerome Powell for gross incompetence. The irony here is that Trump wants him gone for not reducing rates quickly enough. Whereas, I think he should be canned for being the biggest money printer in...

QE Forever

December 11, 2025 The Federal Reserve’s final meeting of 2025 was a masterclass in obfuscation and monetary malfeasance. Chair Jerome Powell, with his trademark calm delivery, announced yet another 25-basis point cut, bringing the federal funds rate down to 3.5–3.75%....

The Great Unraveling

November 7, 2025 The American economy now teeters on the edge of a historic reckoning. The signs are everywhere – in the monstrous expansion of debt, the hollowing out of the middle class, and the absurd valuations of asset bubbles that are priced for perfection...

The Miran Dot

September 25, 2025 President Donald Trump appointed Stephen Miran to a position on the FOMC following former Governor Adriana Kugler’s resignation in early August. Less than a week after being appointed to the Federal Reserve, Governor Miran outlined the reasons...