by Andrew Moran | Nov 15, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
The Federal Reserve is continuing to raise interest rates as part of its fight against inflation. These efforts are hurting consumers and businesses, but they will also squeeze Uncle Sam, as it will cost more to maintain America’s $31 trillion national debt. Interest...
by Andrew Moran | Nov 5, 2022 | Articles, Business News, Good Reads, Opinion
Investors experienced every emotion possible during Federal Reserve Chair Jerome Powell’s post-Federal Open Market Committee (FOMC) press conference. At first, the financial markets cheered after observers noticed two words: “cumulative” and “lags,” which suggest an...
by Andrew Moran | Nov 1, 2022 | Business News, Lights, Camera, Action, Opinion, Swamponomics
What’s going on in the government debt market? This is the 4.5% question. UK gilts collapsed, Japanese bonds are not generating investor interest, and the US is engaging in Treasury buybacks. Everything is breaking in the world financial system. For more episodes,...
by Andrew Moran | Oct 23, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
Student loan forgiveness is a regressive policy, meaning that it is skewed toward the affluent of today and tomorrow. It is also a program that favors current and future Democratic voters. But the White House disagrees, with President Joe Biden and the Democrats...
by Andrew Moran | Oct 16, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
Diesel prices are soaring, and Old Man Winter has yet to make his triumphant return. The national average price for a gallon of diesel has climbed all the way back above $5.21, according to the American Automobile Association (AAA). This is up more than 6% from just a...