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Truth Is The First Casualty Of War; The Currency Is The Second...

Truth Is The First Casualty Of War; The Currency Is The Second... Authored by Nick Giambruno via InternationalMan.com, “The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”  — Ernest Hemingway Thanks to the fiat currency system, governments at war can tap into a nation’s savings by financing conflict through currency debasement. Under a gold standard, governments had to have the gold or impose taxes if they wanted...
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Jul 18, 2026 / Tyler Durden
Russia Pressing Ahead On Rail Link To Iran & Azerbaijan To Ease Strain On Maritime Routes
Russia Pressing Ahead On Rail Link To Iran & Azerbaijan To Ease Strain On Maritime Routes This week has brought new US attacks on Iranian infrastructure and logistics, including fresh overnight attacks on some half a dozen bridges, and even reports of strikes on rail hubs and airports. The New York Times observes Friday that "Bridges, rail lines, power and water facilities, and other targets in Iran, Kuwait and elsewhere in the Middle East were attacked in airstrikes on Friday as the United States and Iran escalated their weeklong crisis over...
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Sep 12, 2026 / Tyler Durden
What Critics Keep Getting Wrong About Capitalism
What Critics Keep Getting Wrong About Capitalism Authored by Vincent Geloso via FEE, The Stanford Encyclopedia of Philosophy is not a publication most would be familiar with. It is meant as a repository of overviews of big topics in philosophy broadly defined, inclusive of political theory. As such, entries added to it are unlikely to generate strong responses by the experts deeply familiar with each individual entry. Every rule has exceptions though. Image Credit: Custom image by FEE Recently, Chiara Cordelli, a political philosopher at the University of Chicago, delivered her "three...
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Nov 2, 2026 / Jason Ditz
As Israel Shelling Continues, Lebanon Agriculture Minister Says 22.5% of Farmland Damaged
Israeli forces continued with their destruction of southern Lebanon, and while most of the focus is rightly on the municipalities they’ve attacked and in many cases outright destroyed, the long-term struggle for reconstruction could be the extent of damage to farmland on the outskirts of those villages. Southern Lebanon has (or had) heavily agriculture-based economy, […]
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