Joshua Hendrickson

DC’s GENIUS Plan: Use Stablecoins to Soak Up Its Own Debt

The GENIUS Act requires that stablecoin issuers hold their assets in cash, short-term US Treasury securities, or as balances at the Fed. That increased demand for debt will keep borrowing…

DC’s GENIUS Plan: Use Stablecoins to Soak Up Its Own Debt

Inflation We Can Feel But Don’t Measure

"Regardless of whether one thinks that the CPI should include interest rates and/or asset prices, it seems clear that consumers factor in these costs when evaluating the cost of living."…

Inflation We Can Feel But Don’t Measure