A Roadmap for Fed Chairman Kevin Warsh to Rescue U.S Debt Many think the market decides interest rates.Wrong!The Fed – and only the Fed – has full control over interest rates, all over the curve!We just need to have the right person on board.During the European crisis in 2011, speculators…
Private Companies Can Raise Capital at Negotiated Valuations, Public Companies Have to Raise Capital at Market Valuations For years, Elon Musk benefited from something most corporate leaders can only dream of: easy access to practically unlimited private funding at hefty valuations determined by himself. All he had to do was…
The Paradox, Absurdity, Lies and Myths of Bitcoin They say it’s an “asset”… but it has zero assets.They say it’s decentralized… but the large majority of all transactions go through trading platforms.They say it’s digital gold… but it has none of the physical attributes gold derives its value.They say it’s…
Fighting Inflation with Higher Interest Rates is Totally Counterproductive For nearly a century, central banks have relied on one dominant prescription to fight inflation: raise interest rates. The theory is straightforward. Higher borrowing costs discourage spending and investment, reducing demand and eventually slowing price increases.While this approach may have worked…
