There Is No GOP ‘Civil War’ Over Iran…

On March 3rd, Israel’s Channel 12, the IDF, Trump were all singing from the same hymn sheet: Iran’s launchers are virtually all destroyed, missile fire is collapsing, they’re running out. Trump from his golf resort: “We’ve wiped every single force in Iran out, very completely.” The war is “very complete, pretty much.” It’ll end “very […]

Diesel Tops $5, Echoing 2022 Russia-Ukraine Invasion Energy Shock US Fuel Spike Summary: AAA national average diesel prices have jumped 34%, the largest increase for any month on record. AAA national average gasoline prices have jumped 24.5%, also the largest increase for any month on record. The spike in refined products comes just ahead of driving season and, if it persists long enough, could dent consumer sentiment polls. The Trump administration assures the conflict will be short-term. Countdown to Memorial Day driving season: 69 days. *  *  *  Update (0840ET) The partially paralyzed Hormuz chokepoint...

Despite the claims of the chartalists, early American monetary history tells a much different story than one falsely claiming state-issued fiat money undergirded the colonial economy. In fact, much of the historical evidence illustrates Menger’s monetary theory.