Money versus Monetary Policy

Oil Slides On Reports Of 'Breakthrough' Coming For Stuck Ships In Hormuz, As US Awaits Tehran's Response To Fresh Proposal Summary Sentiment in early morning trade was lifted after Al Arabiya reported that "the coming hours will witness a breakthrough for the situation of the ships stuck in the strait". Pakistani sources said Trump has demanded Iran's "immediate response" to Washington's peace proposal. White House on Wednesday had said it expects a response to the latest offer within 48 hours. French nuclear-powered carrier steams through Suez Canal in support mission as Europe seeks diplomatic influence...

Azerbaijan's "Multi-Vector Alignment" Poses A Serious Challenge To Russia Authored by Andrew Korybko, The “Trump Route for International Peace and Prosperity” is poised to become a military-logistics corridor for expanding NATO influence along Russia’s southern periphery and could thus force Putin into the zero-sum dilemma of accepting this or authorizing military action in an attempt to preempt it. Valdai Club Programme Director Timofei Bordachev recently published an insightful piece asking whether former Soviet Republics are moving “Towards Genuine Multi-Vector Alignment?” This is described as “systematic efforts to create and maintain, insofar as...

Statists love to claim that government services would be better if only they were “fully funded.” However, given their nature, government services always will be seen as “underfunded” no matter how much money politicians throw at them.