The great Dr. Ron Paul has been right about all the major issues that confront the world today. He is right about the Fed, the Ukraine war, the FBI, and so much else. How has he managed to do that? What has given him wisdom unique on the political scene today? The...
Ludwig von Mises
So Much Hot Air: The (Fake) China Threat Strikes Again!
by Joseph Solis-Mullen | Feb 13, 2023 | Featured Articles, Foreign Policy
Now that a few days have passed and the hysteria has come down slightly, perhaps a few sane thoughts might be added to what has otherwise been a microcosm of everything that is wrong with America’s warmongering media and political class. As everyone is by now well...
Part-Time Employment is Growing Faster than Full-Time Employment
by Ryan McMaken | Feb 8, 2023 | Economics, Featured Articles
The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 517,000 jobs, which was well above expectations. The words used by the media to describe the report included “stunner” and “wow.”...
The Early Bird Stops the Central Bank’s Digital Currency Designs
by Connor O'Keeffe | Feb 6, 2023 | Economics, Featured Articles
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,...
Your Social Security Money Is GONE, Understand?
by Ryan McMaken | Feb 2, 2023 | Economics, Featured Articles
After French protestors took the street to complain about the increase in the retirement age, I read quite a few jokes in social media about how protesting in France is the local pastime. That may be true, but let it not be said that Americans don't feel very, very...
Does the Death of the Petrodollar Signal the End of the U.S. Empire?
by Ryan McMaken | Feb 1, 2023 | Economics, Featured Articles, Foreign Policy
On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it is in the U.S. dollar,...
Price Inflation Slows, But the Economy Keeps Getting Worse
by Ryan McMaken | Jan 26, 2023 | Economics, Featured Articles
The U.S. Bureau of Labor Statistics released new Producer Price Index (PPI) data on Wednesday, and it looks like the rate of increase in price inflation is slowing. Nonetheless, year-over-year price inflation in December remained near 40-year highs, and shows the...
The Idea of Making a ‘Trillion Dollar Coin’ Is Still Dumb
by Ryan McMaken | Jan 24, 2023 | Economics, Featured Articles
Here we go again. Every few years in Congress there is a purely political battle over the debt ceiling. We're supposed to be horrified and worried that the U.S. might default on some of its debt. Some commentators will insist the U.S. has never defaulted, and that...
Blog
Terrestrial Speed Demon: Non-Nuclear Throw-Weight Comes of Age
Russians play chess and the West plays Naked Twister. ICBMs and IRBMs have been hyper-sonic since the 1950s. Replace the warhead with a terrestrial-launched Rod from God and you have a very effective non-nuclear option to reach anywhere in the northern hemisphere with...
Macgregor Steps Up to the Plate
COL Douglas Macgregor shows the stark choices ahead a defense establishment in the US and the west that is inexorably grinding to a halt in effectiveness and incompetence. The incoming President has three choices: 1. Allow service bureaucracies or external events to...
Mr Jarfart
Just think about this, whatever your child or your niece, nephew and some strangers kids are feeding their eyes with is likely attached to a clown or maybe a cynical conglomerate that knows social media and children fed algorithms will make them rich. Those little...
Free Trade Facts Don’t Matter to Democrats or Republicans
Both parties tend to ignore facts about the benefits of free trade because both parties oppose free trade.
The Government Had to Bankrupt Spirit Airlines to Save It
The US government is very good at destroying things on the pretense that its actions are required to save the things destroyed.
Paul Krugman: The Dollar Can’t Collapse! Unless…
The scenarios under which Krugman says the dollar could collapse are not hypothetical. They are already here.
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