Peter lambasts Treasury Secretary Janet Yellen for understating the role of the Fed in causing inflation in a recent interview. In fact, the Fed monetizing deficit spending was the primary driver of inflation over the last 5 years.
It is easier for California politicians to blame Exxon for these catastrophes than to admit that their progressive land-use policies for more than a century have been an unmitigated disaster.
Sports gambling skyrocketed during the pandemic and given the revenues for companies like FanDuel and DraftKings, it looks like it’s only accelerated since. But at what cost? Is it all fun or are some people losing their shirts and their families?
