The financial crisis cost Americans trillions in investment losses, home equity declines, and unemployment and lost wages. The crisis and those losses were caused not by deregulation or tax-rate cuts, but by the benighted market interventions of the last three presidents.PETER...
I think in the end it has to do with their approach to monetary policy. They view the fall in velocity as something that the Fed would have had a hard time counteracting. And they would undoubtedly point to the fact that the Fed did in fact fail to counteract it. In contrast, I am ...
Multiple studies tried to prove there exists a connection but they all failed; and even when they did prove a connection to some small real-life misbehavior, they were not taken into account. As Markey and Ferguson says according to the Sandy Hook shooting: “The result was a huge pool of...
Over the years, while being generally cheaper, Wise has made numerous misleading claims about its pricing. The practical concern with Wise’s behavior is about what it will do if and when it gains decisive market share. Will it raise prices, as PayPal did in a similar circumstance, with so...