Money versus Monetary Policy

Wyoming's Helium Empire Ascends As Qatar Gas Goes Flat Readers have already been well briefed, see here and here, that roughly one-third of global helium supply has been disrupted, setting the perfect storm of chaos to spread across high-tech industries, particularly semiconductors. The shock is being driven by shipping restrictions through the Gulf and the shutdown of output from top producer Qatar, where damage to the Ras Laffan complex could keep supplies constrained for years.  As the U.S.-Iran conflict enters its second month, one of the clearest second-order effects of...

Pelosi's Monster: The Creation And Destruction Of Eric Swalwell Authored by Jonathan Turley via jonathanturley.org, In Mary Shelley’s famous work, Dr. Frankenstein is asked, “Accursed creator! Why did you form a monster so hideous that even you turned from me in disgust?” This week, Rep. Eric Swalwell (D. Calif.), the leading Democratic candidate for California governor, may wish he could ask that of former Speaker Rep. Nancy Pelosi (D., Calif.). After sexual assault allegations were raised by former staff members, Pelosi, Sen. Adam Schiff (D., Calif.), and even his close friend (and...

China's Quiet Gains During US-Israel War On Iran Authored by Hamza Zaman via RealClearDefense, The Iran conflict continues to protract despite President Trump’s assumption of a quick and easy victory. The goals of regime change and the decimation of the Iranian ballistic missile program remain unfulfilled, and the closure of the Strait of Hormuz further adds to the strategic qualms of the Western powers. The GCC states are also facing significant damage to their services industry, transport infrastructure and energy sector. While both sides suffer great losses in this protracted conflict, America’s biggest geopolitical...