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Opinion

Cornering the Market

Cornering the Market

China has an extremely interesting philosophy of war. In the view of the Chinese Communist Party, warfare is fought on myriad fronts, both conventional and unconventional. It is fought in every arena that affects an enemy’s strength.

Why do we celebrate Easter?

Why do we celebrate Easter?

The first question ever asked of me in a theological interview (seminary Q&A to test a pastoral candidate’s doctrinal integrity) some years back was “Did God die on the Cross?” Rather than reveal my answer, I prefer to pose the very same question for penitential consideration. The answer—whatever it is—automatically elicits a follow-up question about Easter (and that empty tomb).

Will Coronavirus End the Fed?

Will Coronavirus End the Fed?

September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term loans to each other. The New York Fed acted after interest rates in the repo market rose to almost 10 percent, well above the Fed’s target rate.

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