Doug Brignole's Iron Man Archive

Black smoke filled the skies, and water mixed with oil rained down on the Iranian capital of Tehran on Sunday, following a US-Israeli strike that blew up oil facilities, marking a new escalation of the bombing campaign. The Israeli military said on Saturday that it struck “several fuel storage complexes” around the city, and according […]

James Woods 'Done' With Republican Party Over 'Uniparty Traitors' Conservative actor and commentator James Woods says he's "done" with the Republican party after 'uniparty traitors' like John Thune (R-SD) refuse to pass the SAVE Act (Voter ID), and blocked an attempt by Nancy Mace (R-SC) to subpoena immigration records for Rep. Ilhan Omar to settle the question of whether she's legally in the US. "I am done with the Republican party," Woods, 78, psted on X. "Between this and Thune’s refusal to pass the SAVE Act, I’m done with these uniparty traitors." "I’m changing my...

What Causes Stagflation? Authored by Frank Shostak via The Mises Institute, In the late 1960’s Edmund Phelps and Milton Friedman challenged the popular view that there can be a sustainable trade-off between inflation and unemployment. In fact, over time, according to Friedman, expansionary central bank policies set the platform for lower economic growth and a higher rate of inflation (i.e., stagflation). A famous case of stagflation occurred during the 1974-75 period. In March 1975, industrial production fell by nearly 13 percent year-on-year while the yearly growth rate of the consumer price index (CPI) jumped to...