Donald Trump’s coming trade war with China could ultimately topple the current US economic regime of monetary inflation which enables America’s bubble-monopolist capitalism. The road, though, is unlikely to be direct or smooth.
The wailing sound you heard last Thursday was the chorus of the Beltway warmongers shrieking in despair at President Trump’s suggestion that there was no reason for the US to be spending one trillion dollars on “defense.”
February 11 would have been the 96th birthday of Burt Blumert, one of my greatest friends and a great champion of Rothbardian libertarianism.
With Central Bank Digital Currency (CBDC) banned by executive order, the Fed may have more incentive to explore alternatives in the cryptocurrency market.
Territorial expansion allowed the federal government to directly rule its many new federal citizens without any state government as intermediary.
In Germany, as elsewhere, “democracy” means whatever the ruling class says it means. Often, that means banning dissident political parties.
Like their American counterparts, libertarians in South Korea allied themselves with the conservative political factions and now are paying a price in the face of a political meltdown. As Murray Rothbard noted, it is better to go with principles of liberty than caving in to statists.
Tom Woods and I talk about the need to look beyond the Trump administration to plan for a realistic ideological and political plan moving forward.
Americans are far more satisfied with the way things are going in their own life than with the US in general.
