The Wyoming State Senate today voted 16-15, on a bipartisan basis, to pass a bill prompting the Wyoming state treasurer to hold gold and silver “specie” to protect the state – as well as establish a process to receive certain tax payments in specie.
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 4.75 percent, an increase of 25 basis points. With this latest increase, the target has increased 4.5 percent since February 2022, although this latest increase of 25 basis points is the smallest increase since March of last year.
The protests that took place in Brasilia earlier this month perfectly exemplify the established dynamics of domination. Bolsonaro’s supporters not only made the mistake of trusting in politicians, but in the armed forces that, when necessary, fight to maintain the same power that oppresses them.
Are asset inflation and its bellwether, the euro, really heading into a new spring following a winter marked by the now-fading scare of Fed disinflation (alternatively described as “restrictive monetary policy”)? A computer powered by artificial intelligence might well conclude so, based on reading a million websites.
When proposing alternatives to the state, libertarians should look back at the basics of political philosophy and find historical examples that illustrate the achievement of the goals of individual freedoms and self-government.
The most common mistake is to think of the modern state, the managerial leviathan we oppose, as a synonym of government in general.
We just concluded a national, state and county election season where crime and economic volatility were at the forefront. These issues are likely to occupy the minds of voters in municipal elections across the country this year.
Life on Earth is gradually getting better in every way, shape, and form. Dark times—like the present—are the major reason why that’s a hard sell for most people; energy crises, inflation, wars, deficits, and pandemics seem to suggest that things are bad. When people (like yours truly) repeat the established observation that human life is gradually improving, such statements often fall on deaf ears.
The recent revelations surrounding the covid-19 pandemic in the West are so shocking that it is necessary to first summarize them to keep on track. Secondly, it is important to try to understand why these political and health scandals are unlikely to have the political consequences hoped for by those who wish to see truth and justice triumph.
