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California Has 6th Most Homes For Sale Among Youngest States

California Has 6th Most Homes For Sale Among Youngest States

Mike LaFirenza Strong demand in the real estate market has been one of the major economic stories of the last year. The COVID-19 pandemic put a premium on living space, while strong savings rates and investment returns, aggressive government stimulus, and persistently low interest rates have put the conditions in place for more homebuyers to […]

Brother, Can You Spare $29 Trillion?

Brother, Can You Spare $29 Trillion?

  by Thomas L. Knapp Well,  it’s time for one of those periodic “debt ceiling” fights in Congress. Every so often, American politicians argue over whether to allow themselves to borrow more money, with their promise to beat it out of your hide, plus interest, later, as their collateral. These fights get dramatic, in the […]

Is Our Current Inflation Temporary? Look at the Numbers

Is Our Current Inflation Temporary? Look at the Numbers

  Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, has said that the current uptick in inflation is temporary, and he expects inflation to subside in 2022. Despite rising inflation, the Fed is not in an inflation-fighting mood. Powell’s view rests heavily on interruptions in the supply chain that have […]