Send us a text The numbers shouldn’t look like this—and yet they do. A projected trade deficit gets sliced nearly in half, imports fall, exports rise, and we’re left asking whether tariffs and domestic substitution are quietly reshaping the real economy. We take that momentum into the mortgage market, where a proposed $200B purchase of mortgage bonds by Fannie and Freddie could pull rates down and, more importantly, tweak the way new money enters the system. If housing finance is a primary en...
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Send us a text The numbers shouldn’t look like this—and yet they do. A projected trade deficit gets sliced nearly in half, imports fall, exports rise, and we’re left asking whether tariffs and domestic substitution are quietly reshaping the real economy. We take that momentum into the mortgage market, where a proposed $200B purchase of mortgage bonds by Fannie and Freddie could pull rates down and, more importantly, tweak the way new money enters the system. If housing finance is a primary en...
Why Persistent Citizens, Not Institutions, Still Hold The Line
Peasants Perspective
2 hours 19 minutes
2 weeks ago
Why Persistent Citizens, Not Institutions, Still Hold The Line
Send us a text A booming GDP headline, a hot price index, and a sober question: who gets to define reality when institutions write the score and audit themselves afterward? We start with the data, then chase the incentives that shape what we’re told to believe—robots walking into restaurants to do dishes, SNAP dollars flowing through corporate balance sheets, and career bureaucrats leveraging process to overrule elected decisions. It’s less conspiracy than calculus: pay structures and pervers...
Peasants Perspective
Send us a text The numbers shouldn’t look like this—and yet they do. A projected trade deficit gets sliced nearly in half, imports fall, exports rise, and we’re left asking whether tariffs and domestic substitution are quietly reshaping the real economy. We take that momentum into the mortgage market, where a proposed $200B purchase of mortgage bonds by Fannie and Freddie could pull rates down and, more importantly, tweak the way new money enters the system. If housing finance is a primary en...
