US Senate Votes To Include CBDC Ban In Bipartisan Housing Bill

Where Have All The Conservatives Gone? Authored by Nikolai G. Wenzel via The Daily Economy, Fusionism, a new book by Stephanie Slade, a Senior Editor at Reason, attempts to make sense of the seemingly incoherent New Right. Although Slade proposes a renewal of fusionism as a remedy to conservatism's drift and the challenges facing a divided Republic, the book's greatest strength lies in its analysis of the trends to date. The Republican Party, for all its faults, was supposed to understand (instinctively, if not always intellectually) limited government, rule of law, and...

BofA's Blanch Joins Goldman In Calling For $90 Brent This Year Amid "Pretty Large Deficit" Fears Add Bank of America's commodities and derivatives research chief to the growing list of Wall Street strategists who see Brent crude sticking around $90 a barrel this year, as any near-term resolution to the Hormuz chokepoint crisis appears increasingly distant. The call follows Goldman's move several weeks ago to raise its year-end oil outlook to around $90. BofA analyst Francisco Blanch joined Bloomberg Television's Surveillance earlier and warned, "We have a pretty large deficit that...

Argentina's Milei Borrows Warren Buffett's Idea To Punish Deficit-Spending Politicians More than two years after campaigning to "blow up" Argentina's central bank, President Javier Milei has announced his "Fiscal Shackle" bill - a permanent rule aimed at preventing Argentina from approving or maintaining budgets with fiscal deficits that could have consequences for politicians. On Thursday, in a speech recorded at the Casa Rosada and broadcast nationwide, Milei proposed an overhaul that would restore the Central Bank of Argentina's sole mandate of preserving the currency's value, stop direct and indirect financing of...