Self defense is the instinct of all living things. The need to live and survive when attacked. It is only through the insulation of civilised comfort that we tend to ignore the reality of life and neglect the need for self defense. Forgetting that people and beasts do...
Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists, who all start from a wrong diagnosis: the idea that economic agents do not take more credit or invest more because they choose...
On Conflicts of Interest #72, Kyle Anzalone discusses the recent attack on US troops in norther Iraq. The attack left one contractor dead and an American soldier injured. Hawks are claiming Iran was behind the attack and the US must respond. The link between Iran and...
Bitcoin is winning. Period. In fact, it may have already won and the people arrayed against it, no matter how powerful, are finally beginning to realize this. This week saw a slew of major announcements which all point in this direction. Of course the big news...
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...
Inflation as a weapon of war. According to local economists who spoke to MintPress, the reasons behind the collapse of Yemen’s economy and its currency are many and varied but the expansionary monetary policy that has been taken by Saudi Arabia is one of the key...
The big worry among the bitcoin perma-bears is the threat of government ‘making it illegal.’ The latest bogeyman on this front is none other than U.S. Treasury Secretary Steve Mnuchin. Rumors float that he’s considering outlawing ‘self-custody wallets,’ in effect...
According to the popular way of thinking, various economic data can provide an analyst with the necessary information regarding the state of the economy. It is held that by inspecting various economic indicators such as the gross domestic product or industrial...
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