- I would have said Austan Goolsbee is my pick for Fed Chairman, but he didn’t vote in dissent of the “easing bias.” Neel Kashkari did, so I went with him.
https://www.cnbc.com/2026/04/29/fed-interest-rate-decision-april-2026.html
- Yes, I posted about Star Trek on Star Wars Day. Ha! So there!
- Can’t do any scanning until I get that new all-in-one printer!
Category: Politics, Religion & Money
My Vote for Fed Head
Trump has a single view of interest rates, and that’s to lower them. As if doing that would return us to the era of free money without inflation. Neel Kashkari explains why he sees the possibility that rates will need to be raised again.
I will point out that I haven’t been comfortable with every view that Kashkari has ever expressed.
Crypto Corner
What do I have in common with Donald Trump and actor Ben McKenzie? We each have a bachelor’s degree in Economics.
Trump originally called cryptocurrency a scam. But now, in his second term, he’s been cashing in on the scam. Neither McKenzie nor I have budged from our negative view of crypto, staying in agreement with the far better educated Paul Krugman.
Pointless Check Point
All claims of taking their jobs seriously cannot be taken seriously.
More Too Big to Ignore
We — meaning Americans — have nothing like this. Tariffs and protectionism won’t buy us enough time to catch up. Even if Trump weren’t committed to gas-powered internal combustion engines.
Judy, Judy, Judy
Stephen J. Dubner of Freakonomics Radio interviews Epic Systems founder and CEO Judy Faulkner. Late in the discussion there’s a brief mention of the HIGHTECH Act of 2009, the government industrial policy that greatly accelerated Epic’s growth.