ECONOMIC ARTICLES

Powell said many times consumers can take tightening because loan distress is at historic lows. What consumers cannot take for long is raging inflation.

What? Old-school offices work better than WeWork playpens? Reinstalling private offices in the growing legions of ghost buildings may be worth a try.

Another thing: inflation. Just when you thought the construction-cost spike was abating, it hit a new record.

The media-ignored levels of open fraud and inflationary currency debasement which passes daily for monetary policy (namely monetizing trillions of sovereign debt with trillions of mouse-clicked Dollars) within the FOMC would be comical if not […]

Consensual hallucination was required to pull this off.

“The prospect of substantial home-price declines puts them at risk of losing money.” 

By letting it burn, it won't get big enough to cause major contagion outside of crypto.

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Down faster during the bust than up during the bubble: a special feature in some cities. Vague humor wafts around the charts.

But he’ll be out in April.