The Economic Reasons Why Oil Consumers Need to be “Gouged”

In his 6/23 Truth Social post (figure 1), President Trump noted that the prices paid by major American oil companies for foreign crude are falling much faster than the prices of their retail products, and suggested that there is something criminal about this that the Department of Justice (DOJ) needs to look into:

Figure 1: Trump Denounces Oil Price “Gouging”

The Fiat Money Maestro

Former Federal Reserve Chairman Alan Greenspan passed away last week at the age of 100. Greenspan chaired the Fed from 1987 through 2006.

Despite being a lifelong Republican, Greenspan refused to lower interest rates, though doing so may have helped George H.W. Bush’s 1992 reelection campaign. However, he did tailor monetary policy to support President Clinton’s 1993 budget, as well as the 1997 bipartisan budget deal.

Bitcoin Is Not Freedom: The Delusion of Digital Escape

Within digital-libertarian circles, there is a persistent, almost religious belief that decentralized cryptocurrencies will organically starve the state of its power by enabling parallel, untaxable counter-economies. This techno-optimistic prophecy assumes that because the state cannot break the underlying mathematics of cryptography, it is effectively disarmed. Yet, this worldview conflates economic friction with true sovereignty.

Larry Lepard

Lawrence Lepard is an investment manager and Austrian economist who runs Equity Management Associates, LLC (EMA), foc