Too Much Money Chasing Too Few Goods and Services by Bill Bergman • Jul 17, 2021 • 188 Comments Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets.
Illinois is the First Entity to Borrow from the Fed’s New Facility. But “Insolvent” Entities Are Not Supposed to be Eligible by Bill Bergman • Jun 9, 2020 • 103 Comments A combustible mix of fiscal and monetary policy.
Chicago’s Budget Fix: Weed, Gambling, COLAs, and More Gambling? Nice Try by Bill Bergman • Dec 13, 2018 • 56 Comments Mayor Rahm Emanuel forgot to mention the biggie: Much More Debt.
Did the Bankruptcy of Detroit & Stockton Hurt their Economy? by Bill Bergman • Apr 20, 2018 • 19 Comments Compared to Chicago, which is traipsing that way.
Sinkhole City Chicago in Worse Fiscal Shape than Detroit? by Bill Bergman • Sep 28, 2016 • 42 Comments If the City of Chicago Were a Bank …
Sinkhole City Chicago: Taxpayers Sensing Greater Slice of Flesh Being Stripped off their Bones? by Bill Bergman • Aug 31, 2016 • 24 Comments Better Credit Ratings and Bond Prices Don’t Signal Better Finances.