Mainstream economists want us to believe that money gains its value from state decrees. Yet, Austrian economists more than a century ago explained why money has value.
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World News
Rising oil prices are ” forcing reevaluations of previous assumptions about US inflation and the Federal Reserve’s path for interest rates.”
The problem with this new campaign in Iran is not merely that it will likely have bad near-term consequences, but that it represents the American government doubling down on the imperial project that is causing our accelerating national crisis.
Yesterday, the White House said the war would last, at most, four weeks. Now it’s eight.
The current war is a timely reminder that the US ruling elites regard the US taxpayers and ordinary Americans as little more than inconvenient afterthoughts in US foreign policy.
Just before launching a “regime change” war on Iran, Secretary of Defense Pete Hegseth had a video of him bench pressing 315 pounds ostensibly to impress onlookers and the public.
Those who believe in the free and unhampered market economy should be especially skeptical of war and military action. War, after all, is the ultimate government program.
A detailed map of the road to regime change.
“It seems that victory for this aggressive tag team requires not only regime change in Iran, but replacing the regime with new leaders who are subservient to Israeli and American wishes.”
Part of Donald Trump’s military excursion into Venezuela was to make the country more attractive to US business investment. It hasn’t worked out that way and probably won’t in the future, either, due to the socialist regime there.