The European Union is developing proposals on what to do with assets seized from the Russian central bank by member states. According to European officials, the bloc may invest the money and hand the returns to Ukraine.
Central Bank
Big Tech, As Brought To You By the Federal Reserve
New York Times Technology writer David Streitfeld recently examined the role the Federal Reserve’s easy money policies played in the rise and, if not fall then at least slippage, of many technology companies. Immediately after the bursting of the housing bubble (which...
Real Estate Markets Are Addicted to Easy Money
On Friday, residential real estate brokerage firm Redfin released new data on home prices, showing that prices fell 0.6 percent in February, year over year. According to Redfin's numbers, this was the first time that home prices actually fell since 2012. The...
Cheap Money Didn’t Fix the Economy (Shocker!)
Some big, round-numbered interest rate thresholds have been passed in recent days including 4.0% on the 10-year UST, 5.0% on the 2-year UST and 7.0% on the 30-year mortgage. These all come at the end of extended round trips, of course, so the question at hand is how...
News Roundup 2/27/2023
Russia Ukrainian President Volodymyr Zelensky said Friday that Ukraine is preparing to launch attacks to recapture Crimea by forming new military units and sending troops to train in other countries. AWC German Chancellor Olaf Scholz and French President Emmanuel...
News Roundup 2/22/2023
Russia Russian President Vladimir Putin on Tuesday announced that Moscow is suspending its participation in New START, the last remaining nuclear arms control treaty between the US and Russia. AWC An advisor to Ukrainian President Volodymyr Zelensky told POLITICO on...
Searching for Economic Solutions in Game Theory
The left and right-wings of economic thought spend much of their energy trying to refute each other, but an integration of both perspectives might be worth considering. The right-wing of economic thought has conclusively demonstrated that the value creating ability of...
The Early Bird Stops the Central Bank’s Digital Currency Designs
Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal. A similar tone can be found coming from organizations like the World Economic Forum, the International Monetary Fund,...
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The Fake China Threat and Its Very Real Danger
Today the front pages and bookstores are filled with tales of the so-called "China Threat." From spy balloons to Fentanyl pipelines, genocide to dreams of world domination: CHINA! But is it all true? Is any of it? Now, for the first time, the speciousness of these and...
Questioning the COVID Company Line: Critical Thinking in Hysterical Times
