Subscribe Today! So the federal government is shut down. I’ve been late to covering this story because of my focus on events at the Federal Reserve. Well, that was true when I first wrote that sentence. I then became ill for a full
This is a premium piece of Notes on the Crises. Become a Paid Subscriber to read this piece and support Notes on the Crises Subscribe & Read This year I coined the phrase conventional wisdom processor to describe how certain types of markets—such
Buy a Paid Subscription The developments in the legal fight between the Federal Reserve Governor Lisa Cook and the second Trump administration have evolved quite rapidly over the past three weeks. It's past time to examine where we’ve been, where we
Recent events regarding Lisa Cook’s attempted firing by Donald Trump have convinced me to do a premium series on the history of racial segregation and the Federal Reserve. This is for a few reasons. First, I think it's difficult to understand
This is a free Notes on the Crises article. A reminder to readers that the various activities run out of the still-new Notes on the Crises office cost money, while an enormous amount of time and effort goes into my writing and my
Special announcement: As I said Friday, I have secured a fiscal sponsor for Notes on the Crises. That fiscal sponsor is the organization the “Alternative News Foundation” (ANF). What that means in practice is that people can make tax deductible donations to Notes on
Support Notes on the Crises! Hello readers; I’m long overdue for major updates across a whole range of issues. I have continued to work full time on Notes on the Crises but the work of setting up a physical office takes significant time
Publisher’s note (Nathan Tankus): A while ago I got the permission of my friends at Bloomberg Oddlots to clean up and publish transcripts of episodes that they didn’t have the time or inclination to produce (Incidentally, you can check out the New
This is the second installment in the Notes on the Crises series on the IRS. While the first essay traced how the agency has become a political target and potential tool of authoritarianism, this piece investigates how DOGE’s so-called tech modernization efforts
How Trump, DOGE, and Project 2025 Are Turning the IRS Into a Tool of Authoritarian Rule Editor’s Introduction: Hello readers, it's Nathan Tankus and I am very happy to bring to you the first in a long multi-part series on
email me to inquire I- Nathan Tankus- have never mentioned it to my email list, but in the fine print of my website I’ve always listed that I’m available for paid speaking engagements. This came out of people reaching out to me
Early last week I started working on a piece on why the Federal Reserve didn’t step in during the Trump Tariff Financial Panic. The basic idea of that piece is simply that “repo rates”- the interest rate at which you can, in essence,