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US, EU Will Force Turkey to Implement Sanctions on Russia

US, EU Will Force Turkey to Implement Sanctions on Russia

Washington and Brussels will pressure Ankara to step up the economic war on Moscow, the Financial Times reported Thursday. Western officials say the Russian economy has been able to weather the Washington-led sanctions blitz partly because the Turkish economy is offering backdoors to Moscow. According to the diplomats, Turkish banks will now be forced to abandon the Russian Mir payment system. 

Inflation Cheats the Working Man

Inflation Cheats the Working Man

What would the political left (and for that matter, the right) do if they found that one of the biggest factors in income inequality was not top income tax levels, but inflation? It might lead to a revolution and a grand coalition among people of ideologies across the...

Senator Questions Israeli Report on American Journalist’s Killing

Senator Questions Israeli Report on American Journalist’s Killing

Senator Chris Van Hollen (D-MD) objected to Tel Aviv’s finding in the murder of American journalist Shireen Abu Akleh. In May, Abu Akleh was shot in the head by an Israeli sniper. On Monday, Tel Aviv concluded that one of its soldiers likely unintentionally shot Shireen, but no criminal investigation will take place. Van Hollen called for the US government to carry out an official inquiry. 

Inflation Doesn’t Pay

Inflation Doesn’t Pay

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...

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