If the government restricts supply and subsidizes demand, out-of-control prices, resource shortages, and unpleasant ad hoc coping restrictions will follow. That is the natural (economic) law. The government cannot repeal it. But it can stop its attempt to plan.
The Kyle Anzalone Show guest Col. Lawrence Wilkerson: Trump Is Losing the War for the Strait of Hormuz
A US president casually threatening to cut off trade with Spain is not normal “tough talk” it’s a signal flare for how unstable alliance management can get when policy is driven by impulse. We walk through Trump’s comments from the NATO summit and what a real break...