Bad financial supervision, a panicky response, and now the Fed has created a trigger policy for more inflation.
deregulation
Posted inEconomic Policy
The Economy Could Not Exist Without Government
The Silicon Valley Bank collapse exposes a reality that rich people would prefer to ignore.
Posted inTAP
The Crypto Shell Game
Today on TAP: What if the assets backing cryptocurrencies are as volatile as crypto itself?
Posted inEconomic Policy
The Silicon Valley Bank Bailout Didn’t Need to Happen
The debate over protecting all deposits in a blink looks past the incompetence that got us here.
Posted inEnergy and the Environment
Republicans Pretend to Be Hippies in Ohio
The party of deregulation and pollution is blaming Joe Biden and Pete Buttigieg for the East Palestine derailment. Democrats should take notice.
Posted inLaw and Justice
The Supreme Court Lets Domestic Abusers Have Their Guns
Last June’s Court ruling is being used to strike down state laws keeping guns out of the hands of “credible threats” to women and children.
Posted inVideos
⏩ The Crypto 2008 Speedrun
It took about half a decade for crypto magnates to recreate all the problems that blew up Wall Street in 2008.
Posted inTransportation
Rail Companies Can’t Handle Traffic From Mississippi River Drought
Low water levels have pushed shippers who typically use river barges to use freight rail. But decades of strangled capacity makes rail a bad bet, too.
Posted inEconomic Policy
At Least the Tech Winter Will Kill Off Some Zombie Companies
A decade of ultra-cheap credit and weak consumer spending created some of the biggest money-losing companies in history.
Posted inMoney, Politics, and Power
Congressmembers Tried to Stop the SEC’s Inquiry Into FTX
The ‘Blockchain Eight’ wrote a bipartisan letter in March attempting to chill the SEC’s information requests to crypto firms. FTX was one of those firms.
