Janet Yellen: “It is extremely important for our banks to have more capital, higher-quality capital.”

I am optimistic, because I believe that the big inflationary impulse that we saw in 2022 largely was global.

I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.

Corporate anonymity enables money laundering, drug trafficking, terrorism, and corruption.

The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.