The Yen Red Line: Japan and the U.S. Intervene Together for the First Time in 15 Years

The Yen Red Line: Japan and the U.S. Intervene Together for the First Time in 15 Years

Washington and Tokyo have turned support for the yen into coordinated policy—and a little-known Federal Reserve facility may be the most important part of the story. The world has just received an unusually direct message from two of its most powerful financial authorities: the collapse of the Japanese yen is no longer Japan’s problem alone. … Read more

U.S. Treasury Money a New Era in Finance

Treasury Money

The Impact of Trump’s Executive Order 13772 Executive Order 13772, titled “Core Principles for Regulating the United States Financial System,” signed by U.S. President Donald Trump on February 3, 2017, marked a significant shift in the regulatory approach towards the financial sector and creation of Treasury Money. This order, the eighth executive action in Trump’s … Read more

The Fed’s Cure Risks Being Worse Than the Disease

Fed

(Bloomberg Opinion) March 27, 2020 — The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve (Fed) getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds … Read more

Trump Media & Technology Group and Digital World Acquisition Corp.

Trump Media

PALM BEACH, FL — October 20, 2021 — Trump Media & Technology Group and Digital World Acquisition Corp. (NASDAQ: DWAC) have entered into a definitive merger agreement, providing for a business combination that will result in Trump Media & Technology Group becoming a publicly listed company, subject to regulatory and stockholder approval.  The transaction values Trump … Read more

Open Letter to President Donald Trump from the Carlo Maria Vigano, Archbishop of Ulpiana

Letter to the President

Mr. President, In recent months we have been witnessing the formation of two opposing sides that I would call Biblical: the children of light and the children of darkness. The children of light constitute the most conspicuous part of humanity, while the children of darkness represent an absolute minority. And yet the former are the … Read more