Page 9 - Andy Kessler News Today

From the commentary: The enterprise shut down last November, right after Thiel spent $32 million trying to elect a Congress to his liking. The super-patriot was also obtaining a passport from Malta. That gave him citizenship in four countries.

What do you want your bank to be? I want mine to be nearby. I want it to have nice tellers. I want my deposits to be government insured in the event of a failure. Check, check, check.

Andy Kessler at the Wall Street Journal wrote an interesting column about the perils of stimulating demand in a supply-constrained environment. He argues, correctly, that expansionary monetary policy is more likely to create inflation when the economy’s supply side is flagging.

Food Prices Running Hot, Posing Challenge for Central Banks; U.S. Labor Market Cools, Hiring Eases; World Bank Faces Tough Question By James Christie Good day. Food prices are on the march. One reason for this could be because businesses in the foo... | 07:19am

Staying Woke Amid White Noise: Conservative White Nationalists Complain Of Wokeness Again But Not Of Racism

For centuries its meaning was straightforward. Who could imagine that a word could be catapulted so far from its true meaning?

The nation’s top financial regulator has confirmed what many Black people have known and said for weeks – Silicon Valley Bank’s failure had nothing to do with “woke” liberal policies

By Elwood Watson

You have to be "woke" to understand it, I guess.

AP—As Wall Street reels from the swift demise of Silicon Valley Bank—the biggest American bank failure since the 2008 financial meltdown—some social media users and conservative journalists are honing in on a single culprit: its socially aware, or “woke,” agenda.