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The Debt Limit is Not a Spending Limit
Reviewing a Fed-initiated alternative to the platinum coin.
May 18, 2025
•
Brian Flaherty
3
2
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America's Trade Deficit Should Be Bigger, Not Smaller
Imports cost money and earn resources. Exports earn money and cost resources.
May 5, 2025
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Brian Flaherty
5
2
The False Premise of the Mar-a-Lago Accord
Don't blame the dollar for America's manufacturing decline.
Apr 6, 2025
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Brian Flaherty
1
1
We Don't Know What Impact China Tariffs Are Having
Searching for $86 billion in missing imports.
Mar 16, 2025
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Brian Flaherty
2
Sovereign Wealth Funds for Monetary Sovereigns
When would an American sovereign wealth fund make sense?
Feb 27, 2025
•
Brian Flaherty
5
2
2
Musk's Recklessness Risks Financial Catastrophe
DOGE's efforts to access the Treasury's payment systems create an unacceptable risk of default on America's debt.
Feb 9, 2025
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Brian Flaherty
4
1
3
Are Stock Investors Doomed?
Why bearish analysis from JPMorgan is less convincing than it might seem.
Jan 19, 2025
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Brian Flaherty
2
Bond Vigilantes: Behind the Curtain
Although bond markets may try to intimidate governments, monetary sovereigns only have themselves to fear.
Jan 12, 2025
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Brian Flaherty
1
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Banking Observer
Essays on economics. Topics include credit creation theory, modern monetary theory, and the money view.
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