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Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’

[Nov 13 9:19 AM] The newly created Department of Government Efficiency will work to cut “waste and fraud” from $6.5 trillion in US government spending.

Elon Musk: America Is Headed for Bankruptcy

[Oct 4 12:30 AM] Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk…

JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation

[Sep 16 12:30 AM] JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned…

Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk

[Sep 2 2:30 AM] In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns about inflation. This discussion became especially prominent after he interviewed former U.S. President Donald Trump. Just…

Academic Paper Questions Federal Reserve Independence and Exposes Political Ties

[Aug 24 8:30 PM] Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Independence.”…

Economist Art Laffer Slams US Economic Policies, Warns of Dollar’s Decline as Global Reserve Currency

[Aug 10 8:30 PM] Economist Art Laffer, known for his work on supply-side economics, has expressed concerns over the future of the U.S. dollar in a recent interview. Laffer argues that current U.S. economic policies are leading to the dollar’s decline, making…

Nobel Laureate Paul Krugman Claims ‘Inflation Bump Is Over’ — Peter Schiff Says Krugman’s View ‘Should Be Dismissed’

[Jun 2 5:11 PM] Nobel Prize-winning economist Paul Krugman and gold advocate Peter Schiff are in disagreement over inflation. Krugman believes that “the inflation bump is over.” However, Schiff argues that Krugman didn’t even foresee the…

What is fiscal policy, and why does it matter?

[Mar 25, 2023 6:07 AM] Fiscal policy shapes economies through government spending, taxation and borrowing.