Article
Barter, Media of Exchange, and Colonial America
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.
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Feb 20, 2026 / Tyler Durden
Riyadh Seeks To Replace Israel With Syria For EU Fiber-Optic Cable Route
Riyadh Seeks To Replace Israel With Syria For EU Fiber-Optic Cable Route
Via Middle East Eye
Saudi Arabia wants to replace Israel with Syria as the transit country for a fiber-optic cable designed to connect the kingdom to Greece through the Mediterranean Sea, two regional officials familiar with the project told Middle East Eye.
Saudi Arabia's insistence that it be connected to Greece through Syria, and not Israel, as previously discussed, underscores how regional alignments are shifting as Riyadh looks to bolster Damascus’s standing in the region and potentially isolate Israel.
via AFP
Saudi Arabian Crown Prince Mohammed bin Salman has...
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Mar 18, 2026 / Tyler Durden
Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have"
Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have"
Last night, ZeroHedge hosted investor Peter Schiff and Rabobank's Michael Every to debate the question: Will the war in Iran accelerate the U.S. dollar’s collapse or is it a geopolitical chess move that could strengthen its hegemony?
Moderated by Cornell professor Dave Collum, Schiff - based in Austrian economics - argued that the war will do nothing but harm the American economy via higher prices and interest rates, while the dollar weakens.
Every believes Trump can pull a...
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