Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics.
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World News
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While classical liberalism is preferable to socialism and interventionism, it is, at best, a halfway house to total freedom.
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Zelensky and welfare-queen European regimes still cling to fantasy that Ukraine will recover all its territory.
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A just war must be defensive; a nation must be trying to stop an invasion. And even in a defensive war, you must follow certain restraints.
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Federal interest payments are now huge thanks to rising interest rates. The Fed may soon intervene in a big way in an effort to force down yields on Treasurys.
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Japan says it will increase more bond-buying (and thus drive more inflation) to confront rising yields which threaten Japanese sovereign debt.
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Suggests that the al-Qaeda militants, who oversee massacres of Syrian Christians, is becoming a ” benevolent monarchy.”
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Economist Daniel Lacalle hosted me on his YouTube channel this morning to talk about monetary inflation, government spending, and their effects on the middles classes in Europe and the United…