Elon Musk Claims Money Will Become Irrelevant. Is He Right?
Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.
Will the Fed start a new T-bill buying binge?
Federal interest payments are now huge thanks to rising interest rates. The Fed may soon intervene in a big way in an
BOJ Governor admits interest rate increases in Japan are ‘somewhat rapid’
Japan says it will increase more bond-buying (and thus drive more inflation) to confront rising yields which threaten Japanese sovereign debt.
Trump spokesman praises Syria’s terrorist-led dictatorship
Suggests that the al-Qaeda militants, who oversee massacres of Syrian Christians, is becoming a " benevolent monarchy."
As economy stagnates, gasoline prices fall
Gas is the cheapest since 2021. In a tepid economy, demand falls, and demand for oil is now outpaced by production. Gas
Video: How Monetary Inflation Destroys The Middle Class
Economist Daniel Lacalle hosted me on his YouTube channel this morning to talk about monetary inflation, government spending, and their effects on
Beyond the Halfway House
While classical liberalism is preferable to socialism and interventionism, it is, at best, a halfway house to total freedom.
Ukraine’s Zelensky Rejects Peace Deal
Zelensky and welfare-queen European regimes still cling to fantasy that Ukraine will recover all its territory.
