One of the most unexamined—and almost unmentioned—economic realities of post-gold standard America is the change in America's economic growth rate since the gold window closed in 1971. Does inflation change the rate of economic growth? The Federal Reserve Bank claims...
Joe Biden has stoked more fire into the debate over higher education. The president unveiled a plan to forgive $10,000 of student debt for those making $125,000 a year or less, or $20,000 if that borrower was a recipient of a Pell Grant. While one can argue about the...
US News Air Force Special Operations Command’s CV-22 Osprey aircraft fleet has been grounded over unknown issues with the clutch. Defense News China A top US military commander said Tuesday that the US must “contest” China’s missile launches over Taiwan that were...
Download Episode. Scott is joined by Jeff Deist, the President of the Mises Institute, to discuss the bizarre economic moment we are living through. Deist puts into perspective the historic levels of economic stimulus that the Federal Reserve injected into the...
As if repudiating the cultural zeitgeist, Elon Musk has decided to purchase Twitter, a large social media platform, to add to his stack of companies like Tesla, SpaceX, Starlink, and the Boring company. While he has taken several unique perspectives, from fighting...
After more than a decade of chained stimulus packages and extremely low rates, with trillions of dollars of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, the idea of a controlled explosion or a “soft landing”...
The Federal Reserve’s Federal Open Market Committee (FOMC) today announced an increase of 75 basis points to the target federal funds rate, raising the rate to 1.75% from 1%. June’s meeting today was the third meeting this year at which the FOMC has raised rates....
President Joe Biden has unveiled a three-part plan to fight inflation—or at least make people think he is fighting inflation. One part of the plan involves having government agencies “fix” the supply chain problems that have led to shortages of numerous products. Of...
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