The Giant blinked. American power does not have the capability to deal with this situation in a way that won't end badly. As I said earlier, Islamic Civilization has intergenerational aspirations. Iran are not the "madmen" the neocons portray, but based on many...
ICE
Pompeo’s Gulf of Tonkin Incident
Gareth the Great in the American Conservative: The fingerprints of Pompeo are all over this provocation to war. In a striking parallel to the deception that accompanied the Gulf of Tonkin crisis in 1964—in which the American public was told about an attack on a U.S....
Iran Gave Advance Notice of Missile Attacks on US
Iranian FM emphasizes strikes were proportionate self-defense US officials have confirmed that they were given advance notice Tuesday night before Iranian missile strikes against bases hosting US troops, part of what is seen as a concerted efforts to avoid casualties....
News Roundup 1/8/20
Iran responds to the assassination of Soleimani by launching several missiles at Iraqi bases housing US soldiers. There have been no reports of US casualties and some reports of Iraqi casualties. After the attack, Tweets by Trump and Iranian Foreign Minister Javad...
bitcoin is Dead: Part 4
Click here for Part 3 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then Nigerians aren’t living off it Bitcoin is empowering the...
Why is Housing So Expensive?
Something that VIA frequently gets requests for is help with rent payments. Why is it difficult for so many people to afford housing? The standard answer is that it’s those lazy landlords, sitting on piles of money and smoking cigars, who are to blame. This seems to...
bitcoin is Dead: Part 1
For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. Is it, now? Well, haven’t you heard? The 11 year fad of magic internet money is long over. Nobody is buying,...
Money, Expectations, and Economic Growth
In various writings, Milton Friedman argued that there is a variable lag between changes in money supply and its effect on real output and prices. Friedman held that in the short run changes in money supply will be followed by changes in real output. However, in the...
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