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...
Download Episode. Scott is joined by Ryan McMaken of the Mises Institute to talk about nuclear weapons and the boom-bust cycle. They begin with a discussion of McMaken's recent article pushing back against common arguments for the production of more nuclear weapons....
On Thursday the The New York Times ran yet another report about Saudi Arabia’s entry into an “Abraham Accord,” but if only certain conditions could be met. It quoted longtime Israel lobby heavyweight Martin Indyk and reported on the American Israel Public Affairs...
Way back in the spring of 2020, the provocative title of an article caught my eye. Upon reading it, I learned that researchers were rushing to create a vaccine before the COVID-19 virus mutated, which would render the vaccine nugatory and destroy all hopes of creating...
Though they are being fought in the confusion of a single catastrophic conflict, there are four closely related, but distinct, wars being fought in Ukraine. The first is the war within Ukraine. The second is the war between Russia and Ukraine. The third is the proxy...
https://youtu.be/8ZaXbun3S9A [I]f this were truly a "white supremacist" society, being called a white supremacist would be a badge of honor, not a professional death sentence. - Thomas E. Woods Jr. Wilfred Reilly, Ph.D., is a Professor of Political Science at Kentucky...
When Romanian dictator Nicolae Ceausescu was deposed in 1989, it is claimed that he pleaded for Jack Ramsay, a character Tom Selleck played in the 1984 Michael Crichton film, Runaway. The dictator was a fan of the film and in his desperation during the show trial may...
Download Episode. Ryan McMaken of the Mises Institute joins Scott to discuss the ill effects central banking has on the country. McMaken wrote an article recently pointing out that the Federal Reserve, America’s central bank, is technically bankrupt. Scott has...
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