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Fed Chairman Warsh Caught Between Rock and Hard Place

Fed Chairman Warsh Caught Between Rock and Hard Place

by Michael Wilkerson | Jun 25, 2026 | Blog Articles, Economy, Finance, Inflation, Monetary System, Policy, Trump Administration, USA, War

In the Homeric epic Odyssey, the hero Odysseus navigates the storms of the “wine-dark sea,” seeking to return to his home and family after many years of war-fighting. He must first pass through a narrow strait of water, one with dangers on both sides. To...
America’s Healthcare System Is Terminally Ill

America’s Healthcare System Is Terminally Ill

by Michael Wilkerson | Dec 2, 2025 | Biden Administration, Blog Articles, Economy, Finance, Healthcare, Inflation, Insurance, Policy, Politics, USA

There is something terribly wrong with the way our healthcare system functions, and only a complete overhaul will save it.  Sometimes anecdotes are more helpful than data and analytics, so I’ll relate a personal story. Three years ago, I needed an MRI for a shoulder...
Recession or Inflation: Can we have neither?

Recession or Inflation: Can we have neither?

by Michael Wilkerson | Jun 16, 2025 | Banks, Blog Articles, Economy, Finance, Inflation, Policy, Politics, Tariffs, Technology, Trump Administration, USA

The Trump administration (and the President himself) have been pressing hard on the Federal Reserve (and especially its chairman, Jerome Powell) to further reduce interest rates. President Trump argues that inflation is under control, and that by prolonging higher...
Moody’s Inconvenient Reminder

Moody’s Inconvenient Reminder

by Michael Wilkerson | May 20, 2025 | Blog Articles, Economy, Finance, Inflation, Policy, Politics, Tariffs, Trade, Trump Administration, USA

Tax Cuts are Revenue Cuts The U.S. financial markets and the American consumer are both expressing concern about the state of the economy. The impact of tariffs, downgrades, deficits, tax bills, and inflation are each being weighed. The U.S. has a severe spending...
The Cost of DOGE

The Cost of DOGE

by Michael Wilkerson | Mar 5, 2025 | Blog Articles, Crypto, Economy, Finance, Geopolitics, Inflation, Policy, Politics, Tariffs, Trade, Trump Administration, Ukraine, USA

Austerity has a price … worth paying The Trump administration came into office with an ambitious set of promises in tow. During his campaign, and among other things, President Trump committed to end the immigration crisis at the U.S. southern border, stop the war in...
Bitcoin’s extraordinary rise may be far from over

Bitcoin’s extraordinary rise may be far from over

by Michael Wilkerson | Nov 24, 2024 | Biden Administration, Blog Articles, Crypto, Economy, Elections, Monetary System, Policy, Politics, Technology, USA

Last spring, I publicly predicted that the price of Bitcoin would hit $100,000 by the end of 2024. This was quite a statement given BTC prices were then trading in a range of $40,000 to $50,000. While the path would be volatile, I predicted that “the long-term...
The Clash of the Dollar General vs. Ferrari Economies

The Clash of the Dollar General vs. Ferrari Economies

by Michael Wilkerson | Sep 11, 2024 | Banks, Biden Administration, Blog Articles, China, Covid-19, Economy, Finance, Inflation, Policy, Sanctions, Tariffs, Technology, USA

With equity markets, real estate, and other financial asset values at or near all-time highs, that small minority of citizens which primarily benefit from the Wall Street economy have never been more well-off in financial terms, at least on paper. On the other hand,...
Trump and GOP Go Full Crypto

Trump and GOP Go Full Crypto

by Michael Wilkerson | Jul 29, 2024 | Banks, Biden Administration, Blog Articles, CBDCs, Crypto, Finance, Monetary System, Policy, Politics, USA

Image credit: The Washington Post | The Washington Post | Getty Images How the world turns. It was just over three years ago that former U.S. President Donald J. Trump called Bitcoin a scam and a threat to the U.S. dollar’s position as the world reserve currency.  As...
CBDCs and Privacy

CBDCs and Privacy

by Michael Wilkerson | Jun 2, 2024 | Blog Articles, CBDCs, Crypto, Elections, Finance, Monetary System, Policy, Politics, Technology, USA

I had opportunity to participate last week in a private round table at Consensus 2024, the digital assets and blockchain technology conference, on the tension between CBDCs (central bank-issued digital currencies) and privacy. Under the U.S. Constitution, Americans...

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