Caitlin Long's Custodia Bank will hold 108 percent of customer funds on deposit...if the Federal Reserve will allow it to open.
'Cash Is Independence': Ron DeSantis Slams the Government's Plan for Centrally-Controlled Digital Money
"If you don't trust central authority, then you should see this immediately as something that is very problematic," says the Florida governor.
Plus: Twitter complies with a greater portion of government censorship requests, a judge allows an antitrust suit against Google to go forward, and more...
The main driver behind the reduction is inflation—inflation that politicians created with their irresponsible spending.
A responsible political class would significantly reform the organization. Instead, they will likely continue to give it more power.
Vernon Smith weighs in on Biden's budget, how government causes inflation, and why bailing out Silicon Valley Bank was a bad idea.
Balaji's Bet: Bitcoin Hits $1 Million in 90 Days. Live With Balaji Srinivasan, Lawrence White, and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion about bank runs, the Fed, and bitcoin.
Blame the Government for the New Banking Crisis? Live With Lyn Alden, Arnold Kling and Zach Weissmueller
Join Reason on YouTube and Facebook Thursday at 1 p.m. Eastern for a discussion of the Silicon Valley Bank meltdown and bailout of depositors with economist Arnold Kling.
Plus: Fox News troubles, junk statistics about illicit economies, and more...
Plus: the editors field a listener question on intellectual property.
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
The Lords of Easy Money argues that the Fed created an economy with nearly irresistible incentives for foolish choices.
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
City That Forced Landlords To Evict Tenants Suspected of Crimes Will Pay $1 Million To Settle DOJ Lawsuit
Plus: Elon Musk bans Twitter account that tracks his private jet, Iong permit waits to build new apartment buildings in San Francisco, and more...
Food prices were up 0.5 percent during November, even as energy prices fell by about 1.6 percent.
It's especially outrageous when considering the billions of dollars in fraud that took place thanks to COVID-19 relief programs.
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
Prices for food and housing continued to rise but were offset by lower gas and energy prices.
Democrats Are Trying To Push Through Another 'Build Back Better' Bill. It Would Only Make Inflation Worse.
Here's hoping we don't wind up with more of the spending and favoritism that's become so common.
The economy is spinning, but we’ve proven there are viable ways to slow it down to more bearable levels.
Plus: Libertarian Party drama, how rent control hurts renters, and more...
The self-described freedom maximalist explains why he isn't put off bitcoin by its decline since last November.
It would force us to "live within our means," says the president of the Foundation for Research on Equal Opportunity.
The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.
Inflation damages the economy while doing the greatest harm to the most vulnerable.
Biden's three-point plan to tackle inflation is really a one-point plan: Let the Federal Reserve handle this mess.
The self-described "freedom maximalist" and former hedge fund manager talks "incorruptible money," Austrian economics, and why Satoshi Nakamoto's invention is unstoppable.
There is seldom any meaningful accountability for government incompetence.
The president's new budget plan calls on Congress to tax wealthy Americans' unrealized capital gains.