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The Case Against Federal Reserve Independence
The Case Against Federal Reserve Independence
Authored by Alexander William Salter via AmericanMind.org,
It’s illegal in theory and ineffective in practice.
The independence of the Federal Reserve System has become a major source of public controversy. As political leaders signal dissatisfaction with monetary policy, officials and commentators rush to defend the central bank’s insulation from democratic pressure.
We are told, as if it were self-evident, that central bank independence is a pillar of sound economic governance.
But this confidence is misplaced. The economic case for central bank independence is far weaker than its defenders suggest. And the constitutional case is weaker still.
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May 26, 2026 / Tyler Durden
The Digital Euro As Europe's Backdoor Capital Control System
The Digital Euro As Europe's Backdoor Capital Control System
Submitted by Thomas Kolbe
The digital euro ranks among the most ambitious projects within the political architecture of the European Union. As the Eurosystem and the EU increasingly merge into identical and integrated political spaces, it can no longer be denied that this CBDC project is primarily a geopolitical power play by Brussels. Yet the euro-CBDC — shorthand for “central bank digital currency” — remains stuck in a loop. Originally envisioned years ago as already being in the project phase, the first...
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Jun 15, 2026 / Tyler Durden
First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious
First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious
An LNG carrier successfully passed through the Strait of Hormuz early on Monday, the first tanker carrying energy products to clear the chokepoint since the U.S. and Iran announced a deal to reopen the Strait later this week, according to OilPrice.com
While tanker owners and operators remain cautious about rushing to send vessels to the area or having the ones inside the Persian Gulf move quickly toward Hormuz, one LNG tanker passed through the Strait today, carrying...
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Jul 10, 2026 / Tyler Durden
When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?
When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?
Authored by James Varney via RealClearInvestigations,
The battery recycler Ascend Elements was riding high in 2023, flush with hundreds of millions of dollars in federal funding.
The seed money provided to the Massachusetts company, which launched in 2017, was one of several large bets the Biden administration placed on the green future as it essentially created a venture capital arm at the Department of Energy and other agencies. In the movies, VCs almost always score big through their early investments in future...
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