Category Archives: Finance

The Policymakers Saved the Financial System. And America Never Forgave Them.

By Neil Irwin in the New York Times Crisis and Consequences: A decade ago this week, Wall Street imploded. It’s hard to overstate how deeply Americans despised their government’s response to the global financial crisis. It has helped shape the … Continue reading

Posted in Finance, government, Money, New York Times, Thought-Provoking Analysis

Lessons From the Financial Crisis: Q and A with Neel Kashkari of the Minneapolis Fed

By Caleb Silver in Investopedia The federal bailout of financial institutions in the midst of the 2008-09 financial crisis was one of the most critical and controversial government led interventions in history. Unprecedented policy moves were enacted that granted the … Continue reading

Posted in Finance, Money, Thought-Provoking Analysis

The Trump budget? US on track to borrow most money since 2008 financial crisis

By Brooke Seipel of The Hill The Treasury Department estimated in April that the annual deficit would boom this year, rising to $833 billion from roughly $665 billion in 2017. The cumulative deficit for the fiscal year is already $41 … Continue reading

Posted in Budget deficit, Donald Trump, Federal budget, Finance, The Hill

“This time is different” – Are those the four most dangerous words in economics?

The Flattening Yield Curve By Neel Kashkari, President of the Federal Reserve Bank of Minneapolis Today, policymakers are paying increased attention to the so-called flattening yield curve — the difference in yields between long-term and short-term Treasury bonds. For the past 50 … Continue reading

Posted in Big Data, Federal budget, Finance, Money, National debt, Thought-Provoking Analysis, United States

First Soros, Now Rockefellers’ $3 Billion Firm to Invest in Cryptocurrency

From Bitcoin.com News Limited liability venture capital firm Venrock (a compound of “venture” and “Rockefeller”) is turning its sights to cryptocurrency projects and markets. Famously an investment vehicle of the Rockefeller family, the focus for Venrock since its inception nearly … Continue reading

Posted in Bitcoin, Crypto, Finance