Trump Threatens 'Unprecedented Military Consequences' As Iran Reportedly Starts Mining The Strait Of Hormuz

Rubio Issues Veiled Threat After France, Italy Are Latest NATO Allies To Block US Military Flights For Iran War Update(1320ET): We detailed earlier that more and more EU and NATO countries are moving to block US military flights operating in Iran. This includes Spain, Switzerland, Italy and now France.  Secretary of State Marco Rubio has declared "without the United States there is no NATO." In a fresh Al Jazeera interview Rubio appeared to issue a veiled threat, suggesting the US could pull the tens of thousands of troops which 'defend Europe' out of...

Bigger Isn't Better: A Case For Downsizing The Federal Reserve Authored by via Paul Mueller via the American Institute for Economic Research (AIER), President Trump’s conflicts with Federal Reserve Chairman Jerome Powell and with Board of Governors member Lisa Cook have obscured real shortcomings at the Federal Reserve and brought little useful change. These conflicts tend to focus on whether the Fed’s target interest rate is too high or too low. Meanwhile, institutional problems at the Fed have been largely overlooked. But there is an opportunity here with Trump’s nominee for Fed chair, Kevin...

Karl Marx not only misunderstood value and production, but he also was wrong about large-scale and small-scale property owners.