Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.
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Federal interest payments are now huge thanks to rising interest rates. The Fed may soon intervene in a big way in an effort to force down yields on Treasurys.
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Japan says it will increase more bond-buying (and thus drive more inflation) to confront rising yields which threaten Japanese sovereign debt.
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Economist Daniel Lacalle hosted me on his YouTube channel this morning to talk about monetary inflation, government spending, and their effects on the middles classes in Europe and the United…
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Suggests that the al-Qaeda militants, who oversee massacres of Syrian Christians, is becoming a ” benevolent monarchy.”
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Congress has the authority to stop Secretary Hegseth from killing people on the high seas. It should do so without delay.
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Zelensky and welfare-queen European regimes still cling to fantasy that Ukraine will recover all its territory.
Gas is the cheapest since 2021. In a tepid economy, demand falls, and demand for oil is now outpaced by production. Gas then gets cheaper.
While classical liberalism is preferable to socialism and interventionism, it is, at best, a halfway house to total freedom.
Romina Boccia and Ivane Nachkebia Last Tuesday, President Trump said he is looking “very seriously” at the compulsory Australian retirement savings program, which former Prime Minister Julia Gillard has called…