The Pentagon is set to begin a round of drills simulating a nuclear war, according to a Defense Department press release. The war games come as the Bulletin of the Atomic Scientists warns a civilization-ending war is closer than at any time in history.
In August 2020, an FBI undercover agent code-named “Red” unsuccessfully tried to foment a plot to assassinate Colorado’s attorney general. The next month, an FBI undercover agent with the same code-name and physical description played a major role in the conspiracy to...
While there are plenty of passages in the Bible which explicitly contradict the tenets of Christian nationalism and pronounce impending judgment upon the kingdoms of men, it’s become increasingly apparent to me that this opposition is so thoroughly ingrained into the...
North Korea said it has conducted another test of its “underwater nuclear attack drone,” the second ever announced to the public. The strategic weapons test comes after a flurry of joint war games by Washington and Seoul, prompting Pyongyang to cut off a joint communication line with the South.
The standard theory of monopoly within the mainstream of the economics profession is that monopolies increase prices and reduce production levels compared to competitive industries. So I gathered historical economic data on prices and production for seventeen of the...
Download Episode. Mike Swanson is back on the show to talk about the state of the economy. Scott and Swanson discuss some of the forces behind the recent banking failures and examine how they complicate the Fed’s fight against inflation. They then explore some of...
Washington has kicked off anti-submarine drills off the coast of Korea with Seoul and Tokyo. The naval maneuvers have provoked Pyongyang to issue a warning that it could use nuclear weapons.
According to the St. Louis Fed, there are three functions of money. First, as a store of value. Second, as a unit of account. Finally, as a medium of exchange. The enumeration of these functions represents an attempt to present money and the banking system as...
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