The Fed, Congress, and the President: The Constitutional Authority to Make Money | naked capitalism

The struggle over the Fed is a constitutional conflict: in a representative system, the power over money belongs to the legislature

naked capitalism

Bill Phillips ("Phillips Curve") used flowing water to model the economy in in 1949.

> according to his friend economist Richard Lipsey, "all the staff came out to humiliate this upstart idiot." Phillips showed how water flowed from the Treasury tank to chambers representing health and education (as the government spent money) and then got pumped back to the Treasury more or less rapidly as you pulled a lever to tweak the taxation rate. "It turned out after ten minutes that he knew more than everybody there, and they shut up," says Lipsey. They offered him a job at LSE.

https://www.npr.org/sections/planet-money/2026/04/07/g-s1-116575/how-bill-phillips-used-flowing-water-to-model-the-economy

#economics #modeling #simulation #macroeconomics

The National Unity and Prosperity Act

https://lemmy.world/post/45282091

The Global Economy is Breaking: How 4 Ocean Chokepoints Hold the World Hostage

YouTube
Fatih Birol, the head of the International Energy Agency, has called this β€œthe greatest global energy security threat in history” β€” much worse than the 1970s oil crisis, the Covid pandemic or Russia’s invasion of Ukraine in 2022. This conflict has disrupted a bigger share of the global oil and gas trade, and there is no way to quickly fill the gap.
#Iran #Trumpism #collapse #economics #oil #macroeconomics #war #Israel
https://www.nytimes.com/2026/04/01/opinion/oil-crisis-iran-electric-solar.html
Opinion | Remember the Oil Shocks of the ’70s? This Is Going to Be Worse. Much Worse.

Higher oil prices and limited supply will accelerate a turn toward cleaner technologies, especially in Asia and Europe.

The New York Times
Let us hope that the junta believes the myth that governments can only create currency with congressional, (or parliamentary) approval #macroeconomics #politics
Bottom-up Tesla analysts focus on battery tech and FSD, but macro forces tell a different story: elevated Treasury yields, liquidity contraction, and geopolitical shocks are overwhelming $TSLA's technological advantages. New analysis examines why financial fragility matters more in today's high-rate environment. https://post.kapualabs.com/2p82fze3 #Tesla #MacroEconomics #Investing #StockAnalysis
Tesla's ambitious scaling meets macro headwinds: 525bps Fed rate hikes increase financing costs, while geopolitical risks threaten semiconductor equipment imports. Deep dive on capital intensity under strain. https://post.kapualabs.com/2p85pepr #Tesla #Macroeconomics #Investing #Semiconductors $TSLA
The Great Tech De-Rating: How Tesla's $TSLA capital-intensive Terafab program & geopolitical dependencies intersect with rising yields to amplify valuation risk. Case study analysis: https://post.kapualabs.com/2xerfhbe #Tesla #TechStocks #MacroEconomics #Investing
You Can't Vote Away Colonialism ft. Fadhel Kaboub

YouTube