Argentina has accumulated seven months of over 100% of year on year consumer price inflation since February 2023. The official and parallel exchange rates between the Argentine Peso (ARS) and the US Dollar (USD) have doubled in half a year, while the spread between the official and parallel rates has held steadily at around 100%. The central bank of Argentina has been for most of its history the prime example of fiscal dominance and inflationary bias, despite sparse periods of de jure independence.

Since I recognized almost twenty years ago that no person or institution has the right to initiate aggression, now is the first time I can tell a normie what my political stance is without them having no clue what I am talking about. Now I can say that I am an anarchocapitalist without causing much surprise, as a large part of the public now has some idea of what this term means.

This article is a brief analysis of the US economic situation from the point of view of the Austrian School of Economics. It is strictly macroeconomic: a deductive hypothesis of what is happening in the aggregates.

Let us place ourselves in the months immediately after the arrival of covid-19, the first quarter of 2020. As an economic policy measure, the US government decided to increase the money supply. Through different mechanisms, they put an unprecedented amount of money into the economy. This caused three important effects.

The surprise terrorist attack on Israel by Hamas has created a new geopolitical crisis with many unexpected implications. We cannot forget the hundreds of people that have been killed in this attack—a terrible loss of innocent lives. In markets, the Key Tel Aviv share indices declined around 7% and sovereign bonds slumped by 3% after the bloodiest attack on Israel in many years.