You buy a $10,000 Treasury bond paying 3% interest. That’s $300 a year — what a Congress member spends on lunch. The IRS takes $75 immediately. No negotiation. No shame. They tax you for lending them money, which is like a burglar charging you for the crowbar he used on your window. You’re left with $225.Let me walk you through the actual math. Nobody in Washington wants you doing this calculation. They’d rather you scroll TikTok while they pick your pocket.Your $10,000 becomes worth $9,300 in purchasing po ...

Let's bring in, as we said, Alian's chief economic adviser, Muhammad Ali. And of course, Muhammad was also the former CEO of PIMCO. It's great to have you in Muhammad.Welcome. Great to have you back on the desk as well. Thanks for having me, Col.Um, someone said today it's uh the best response to an attack on Fed independence is a steepening, which is kind of what we're getting today. Is the market trying to say something. I think it is, but what's really amazing is how muted the market reaction is.Every as ...