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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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Apr 6, 2026 /
Trump: The Entire Country of Iran Can Be Destroyed in a Single Night
President Donald Trump said the entire country of Iran could be destroyed in one night, suggesting he could give the order for the attack on Tuesday.  “The entire country [of Iran] can be taken out in one night. That night might be tomorrow night,” the President said during an address on Monday. On Sunday, Trump […]
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Apr 10, 2026 / Tyler Durden
US Draft Registration Becomes 'Automatic' By Year-End: A Detailed Breakdown
US Draft Registration Becomes 'Automatic' By Year-End: A Detailed Breakdown Authored by Edward Hasbrouck via AntiWar.com, On March 30th, the Selective Service System (SSS) sent the White House its proposed regulations for "automatic" [sic] draft registration for review and approval before they are made public. This is the first visible step in the transition from trying to get young men to sign themselves up for a military draft, to trying to sign them up “automatically” by aggregating data requisitioned from other Federal agencies. This year-long process began with the enactment of the SSS proposal for “automatic” registration in December 2025....
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Mar 23, 2026 / Tyler Durden
FCC Bans Foreign-Made Wireless Routers
FCC Bans Foreign-Made Wireless Routers The FCC has banned the import of all new foreign-made consumer wireless routers, citing "severe national security risks". The decision, announced today, follows a White House-convened inter-agency review that determined these devices - primarily those manufactured overseas - pose unacceptable threats to US households, critical infrastructure, and the economy. Major brands like TP-Link (which holds a dominant share of the U.S. market), Netgear, Google Nest, Amazon Eero, Cisco, Linksys, and Asus produce most models abroad, often in China, which controls an estimated 60% of the U.S. home...
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