The enormous surge in the national debt comes as Congress and President Trump approved the latest omnibus spending bill, which included an increase to the debt limit of $5 trillion. (That‘s the largest increase to the debt limit ever.)
These restrictions clearly violate property rights, freedom of speech, and the spontaneous order of the free press.
The Mises Institute is proud to announce that Dr. Steve Hanke has accepted a new position as Senior Distinguished Fellow at the Mises Institute.
The Trump administration is doing nothing to rein in deficits, and it's clear that whatever revenue may come in from tariffs is not enough to offset the new spending increases the administration has pushed.
If President Trump really wanted to help Israel he would inform Netanyahu this week that not another US dollar would be sent to prop up his government.
Twentieth and twenty-first century monetary history shows us how our government, step-by-step, removed the monetary gold standard and introduced their fiat paper currency dollar to fund their increasing political power.
The larger trend in hires shows that hires—when adjusted to the working age population—are near a ten-year low, excepting the covid period.
Israel is a nuclear armed state! Some claim it has 90-400 nuclear warheads and has not signed the Treaty on the Non-Proliferation of Nuclear Weapons (NPT).
The world is being driven to war—possibly nuclear war—by current leaders who want their citizens to believe that there are no other options. This is patently not true.
