John Tamny is a popular speaker and author in the U.S. and around the world. His speech topics include "Government Barriers to Economic Growth," "Why Washington and Wall Street are Better Off Living Apart," and more.
For the Fed to require banks to expand their capital cushions in the aftermath of SVB is the equivalent of Andy Reid telling Patrick Mahomes to take laps since Jets quarterback Zach Wilson threw an interception on Sunday.
Love or hate Donald Trump, the fraud charges against him are hard to take seriously. The very notion that he could trick banks in better lending terms by faking the valuation of his assets is too silly for words.
The surest sign of a booming economy is falling prices, and the marriage of man with thinking/doing machines is set to bring on the cheapest of “Cheap Revolutions.” Retirees will live grandly, and at prices that continue to decline.