Murray N. Rothbard and the Truth About Central Banking

Macron's AI Clown Show: Europe's Digital Dilemma Submitted by Thomas Kolbe The European Union has lost its place in the global race for artificial intelligence. In a single tweet on platform X, France’s President Emmanuel Macron inadvertently outlined the convoluted situation while simultaneously revealing his personal emotional fragility. The leading representatives of the European Union like to present themselves as emotionless technocrats. Maintaining the greatest possible distance from citizens, they execute their agenda of societal transformation toward what they understand as a net-zero transformation economy.  This ostentatious distance from the citizenry acts as...

Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative The number of Americans filing for unemployment benefits for the first time was flat from the prior week at 210.5k (215k exp). Simply put, these numbers are hovering near their lowest levels since 1969... Source: Bloomberg Continuing claims also printed below expectations at 1.819 million Americans. This is the lowest level since May 2024... Source: Bloomberg Finally, as a reminder, sentiment surveys suggest the labor market is bifurcated with 'jobs hard to get' but joblessness not surging... Source: Bloomberg That chart reinforces the 'no...