Article
Massachusetts 1690: The First Western Fiat Experiment
When the Massachusetts colony issued its own unredeemable paper money in 1690, it was with the promise that it would soon be redeemable in specie. Like all paper money issued by government, it lost value and the confidence of the people.
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Apr 9, 2026 / Dave DeCamp
The US Knew Iran Ceasefire Deal Included Lebanon
US officials were aware that a statement from Pakistan Prime Minister Shehbaz Sharif on the US-Iran ceasefire that was issued on Tuesday included a truce in Lebanon as part of the deal, according to media reports. The New York Times reported that the US had already seen and signed off on Sharif’s statement before he […]
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Mar 1, 2026 / Tyler Durden
Oil Soars Over 10% In OTC Trading, Whether That Sticks Depends On How Long The War Lasts
Oil Soars Over 10% In OTC Trading, Whether That Sticks Depends On How Long The War Lasts
With war in the middle east raging, and the world's most important oil transit choke point - the Straits of Hormuz which accounts for 20% of daily global oil transit - "effectively" halted after at least three ships were attacked in the vicinity of the waterway - even as Iran’s Foreign Minister Abbas Araghchi told Al Jazeera TV his country has no intention to close the Strait of Hormuz and has kept it open...
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Mar 1, 2026 / Tyler Durden
Tens Of Thousands Stranded Amid Mass Airspace Closures At Mideast Hubs: "It's Chaos Here"
Tens Of Thousands Stranded Amid Mass Airspace Closures At Mideast Hubs: "It's Chaos Here"
The US State Department is warning all American citizens to exercises extreme caution when traveling abroad amid the ongoing US-Israeli military operation against Iran, which has included two days of heavy bombing aimed at regime change - and which has already resulted in the death of Ayatollah Ali Khamenei and some 40 top military leaders.
"Following the launch of U.S. combat operations in Iran, Americans worldwide and especially in the Middle East should follow the guidance...
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