Money versus Monetary Policy

Germany To Scrap Subsidy For Rooftop Solar Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen. At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...

Economic Sentiment Belies Strong Economic Estimates Authored by Lance Roberts via RealInvestmentAdvice.com, Economic growth metrics for the United States have recently shown surprising resilience; however, consumers’ economic sentiment has not. According to the Bureau of Economic Analysis’s advance estimate, real Gross Domestic Product expanded at an annualized rate of just 1.4%, well below expectations and a steep drop from the 4.4% pace in the third quarter. However, the record-long federal government shutdown, which ran from October 1 through November 12, subtracted roughly 1 full percentage point from growth, as federal outlays plunged...

Joe Biden Makes Insane Claim That He Reduced Illegal Immigration It's time for a fact check.  Former President Joe Biden is back after a year largely absent from the public eye, and he's just as incoherent as ever.  Biden left the White House in disgrace after a dismal first term when his own party supplanted him as the primary candidate for the 2024 elections against Donald Trump.  His cognitive decline became obvious after his debate performance and questions remain if he was actually aware of the majority of his own executive...