Helicopter Money and the End of Taxes

Helicopter Money and the End of Taxes

Rather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone. The system of collecting taxes and distributing the dough is a zero-sum game: each dollar of tax revenue...
The Fed’s Slippery Slope

The Fed’s Slippery Slope

We can all be very confident that there will be no change to monetary policy for a very, very long time. But there is a fiscal cliff coming—and indeed has already begun.  It is clear that Mr. Powell is all-in on his unlimited QE and ZIRP. And, that he is...