World Economic Fuck'em

The dominant narrative in relation to the Iran War is that the United States and Israel are mercilessly mauling the Iranians, and are on the verge of administering the coup de grâce, after which Iran will obeisantly submit to unconditional surrender, and bathe Emperor Trump’s feet with their penitent tears. At least that’s the Hollywood […]

As a US attack on Iran appears increasingly likely, White House Press Secretary Karoline Leavitt claimed on Wednesday that there are “many reasons” for the US to bomb the country, but declined to elaborate further, as the administration hasn’t given a coherent reason for the potential war. Leavitt made the comments when asked why a […]

Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.