Before Silicon Valley Bank failed last week, I was considering writing a post examining the Federal Reserve’s policy framework in the context of the last sixty years of monetary policy’s history.
Normally I do not release pieces on Saturdays or Sundays. However, this is the third anniversary of the first piece I ever sent of this newsletter. That brief note, appropriately titled “Sign of
Special note to readers. Typically, when I haven’t written in a while for the newsletter I will write a few free pieces, and then write some premium pieces as a reward to
Financial crisis nerds have had quite a weekend. In short order the one-of-a-kind Silicon Valley Bank began to reportedly be experiencing losses, and large uninsured depositors began loudly and aggressively “pulling” their deposits.
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Lately, the 1970s have loomed large in economic commentary, thanks to a
recurrence of panic over
Subscribe [https://www.crisesnotes.com/#/portal/signup]On this episode we have a
very special guest, economist Daniel Mitchell on his time as the chief economist
of Nixon’s pay board, the “wages”
Subscribe [https://www.crisesnotes.com/#/portal/signup]Last Wednesday the Biden
Administration announced a number of changes to how student debt would be
treated by the Federal Government. They all were important, but
Subscribe [https://www.crisesnotes.com/#/portal/signup]At the end of July, a few
hours after I wrote about Employ America’s Oil and Gas proposal
[https://www.crisesnotes.com/is-insuring-the-oil-and-gas-industry-the-right-response-to-the-fallout-from-ukraine/]
, the Biden