Article
What Causes Stagflation?
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...
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Jul 15, 2026 / Tyler Durden
What Does Socialism Actually Deliver?
What Does Socialism Actually Deliver?
Authored by Christian Milord via The Epoch Times,
If we examine the history of alleged “democratic” socialism around the globe, it’s not difficult to flesh out the contradictions within its entire framework.
However, for someone who hasn’t studied history or been grounded in the timeless principles of hard work and individual responsibility, socialism might tug at their heartstrings with its utopian claims. They fail to realize that the words “democratic” and “socialism” don’t mix well.
Buzzwords such as affordability, equality, and social justice sound appealing to almost anyone,...
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Apr 21, 2026 / Tyler Durden
Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report
Scammers Demand Crypto From Stranded Ships In Strait Of Hormuz: Report
Authored by Amin Haqshanas via CoinTelegraph.com,
Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage.
On Monday, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners claiming to represent Iranian security services and requesting transit “fees” in Bitcoin or USDt in exchange for clearance through the strait, according to Reuters.
“These specific messages are a scam,” Marisks reportedly said,...
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Mar 11, 2026 / Tyler Durden
"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait
"Risk Of Attack Is Too High": US Navy Refuses To Provide Escorts To Ships Transiting Hormuz Strait
One week after Trump announced that the US would cover insurance for ships transiting the Strait of Hormuz, and would provide them with US navy escorts, Reuters reports that the US Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now.
The U.S. Navy has held regular briefings with...
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