Whether you like it or not, central bank digital currencies (CBDCs) are coming. That’s the message in a recent tech column in the Wall Street Journal. A similar tone can be found coming from organizations like the World Economic Forum, the International Monetary Fund,...
International Monetary Fund
Elizabeth Warren is Wrong to Call Crypto ‘the Preferred Tool for Terrorists’
by Jennifer Schulp Jack Solowey and Nicholas Anthony | Jan 31, 2023 | Featured Articles
Last week, the Justice Department announced criminal charges against Anatoly Legkodymov for violating anti‐money laundering laws while operating Bitzlato, an off‐shore crypto exchange alleged to have processed over $700 million in illicit funds over several years....
The ‘Mother of All Economic Crises’
by Ron Paul | Dec 13, 2022 | Economics, Featured Articles
Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. Now Roubini is warning that the staggering...
Ukraine Passes 2023 Budget in Secret, Expects US To Cover Deficit
by Kyle Anzalone | Oct 9, 2022 | News
Ukraine’s Rada approved a draft budget for 2023 in a closed session. The spending plan has a $30 billion deficit which Kiev largely expects to be covered by Washington. The White House has sent Ukraine tens of billions in aid since Russia invaded in February.
Joe Biden Blames Everyone for Inflation (Except Himself)
by Ryan McMaken | May 11, 2022 | Economics, Featured Articles, Politics
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room,...
Ukraine Seeking Tens of Billions in Financial Aid as War Costs Mount
by Kyle Anzalone and Will Porter | Apr 11, 2022 | News Roundup
Ukraine is seeking tens of billions of dollars in financial aid from the International Monetary Fund’s Covid relief program. Kiev says it is in dire economic straits due to the Russian invasion, while the World Bank estimates the country’s GDP will drop by a staggering 45% in 2022.
Sanctions Don’t Hurt Only Russia
by Daniel Lacalle | Feb 22, 2022 | Economics, Featured Articles, Foreign Policy
The escalation of tension in Ukraine has reminded us of something many investors seemed to have forgotten: geopolitical risk. Sanctions and the inevitable drop in trade have proven to generate a significant negative impact on the different economies involved. We know...
A Bigger Military Doesn’t Mean a Stronger Military
by Ryan McMaken | Jan 19, 2021 | Economics, Featured Articles, Foreign Policy
In the debate over whether or not China will soon rise to challenge the United States as the world’s hegemon, it is often assumed that states with large aggregate economies are necessarily more militarily powerful ones. This stems from decades-old methods that remain...
New Global Data Shows Economic Lockdowns Have No Impact On Coronavirus Spread
by Thomas Eddlem | Jun 1, 2020 | Featured Articles
The United States and much of the world may have initiated a business shutdown—resulting in tens of millions of unemployed domestically, along with all of unemployment's other negative side effects—for no statistically measurable benefit in tamping down COVID-19. (See...
The Federal Reserve is the Most Dangerous Enemy of the U.S. and its Economy
by Gary Barnett | Dec 19, 2019 | Economics, Featured Articles
“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from...
Argentina’s Faux “Neoliberalism”
by José Niño | Oct 4, 2019 | Featured Articles
On August 11, 2019, the presidential ticket of Alberto Fernández and Cristina Fernández de Kirchner pulled off a major electoral upset against incumbent President Mauricio Marci in the Argentine primary elections. Based on their performance last month, they’ll be able...
Shocking Truth on the IMF
by HypocriteTwins | Dec 24, 2016 | Blog
How does the IMF really work? Get the real inside scoop in this humorous format: https://www.youtube.com/watch?v=NCypnbJVk8E
Blog
The Non-Existent Difference Between National Socialism and Democratic Socialism
Summary: National Socialism and Democratic Socialism both advocate institutionalized violence by the state against peaceful people only differing in rhetoric. The most popular self described Democratic Socialists in America today are Senator Bernie Sanders and...
A Response to My Memorial Day Critics
My article against Memorial Day drew a lot of ire and attention. This should not have been surprising; I was making a controversial statement. What did surprise me, however, was that many critics were self-described libertarians or former libertarians. There were many...
Ignoring Political Gossip & Sticking to Principle
https://youtu.be/ZwWHjYVY4tg In the private sector, firms must attract voluntary customers or they fail; and if they fail, investors lose their money, and managers and employees lose their jobs. The possibility of failure, therefore, is a powerful incentive to find...
The Myth of “Hyper-Rugged-Isolationist-Individualism”
Myth #1: Libertarians believe that each individual is an isolated, hermetically sealed atom, acting in a vacuum without influencing each other. This is a common charge, but a highly puzzling one. In a lifetime of reading libertarian and classical-liberal...
The Lesson From Germany and Korea
Institutions are, of course, in some sense the products of culture. But, because they formalize a set of norms, institutions are often the things that keep a culture honest, determining how far it is conducive to good behaviour rather than bad. To illustrate the...
Occupational Licensing Increases Prices and Deprives People of Options
When you shop online, vendors usually give you a bunch of different ways to sort your options. Take Amazon: One popular sorting option – especially for customers with low income – is “Price: Low to High.” You’ve probably used it yourself many times. This...
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