The turmoil in the AI industry is further complicating the Fed’s upcoming decision on interest rates.
bond market
Posted inTAP
How to Stanch the Rising Cost of Everything
With government debt bringing higher interest rates, it’s time to get serious about taxing the rich.
Posted inEconomic Policy
Why Scott Bessent Can’t Fix the Bond Market
Every Trump lackey must indulge his whims, no matter how stupid.
Posted inTAP
How the Cost of Money Spikes Inflation
Government borrowing costs are going through the roof—and so are yours and mine.
Posted inEconomic Policy
Collapsing Mortgage Securities. Broken Processes. No Accountability. Sound Familiar?
Faulty credit ratings were a cause of the 2008 crisis. One whistleblower complaint argues that the same dynamic is happening again.