WTI Holds Gains Despite Biggest SPR Drawdown In 45 Year History, Production Jumped

Does Demand Create Supply? Authored by Frank Shostak via Mises Institute, By popular thinking, increases in demand cause economic growth. According to such thought, whenever the economy falls into a recession what is required is to strengthen demand. Since government is seen as an important part of total demand, what is then required is to increase government outlays, thereby lifting overall demand and hence increasing economic growth. According to the popular view, it is also possible to strengthen overall demand through the inflationary increases in money supply. With more money in their...

Data Shows Where ICE Has Been More Effective... And Why Last week, The Wall Street Journal reported that President Donald Trump “is seeking to lower the profile of his mass deportation effort, and has directed his top advisers to adopt a new approach on one of his central campaign promises.” According to the report, Trump has had conversations with his top advisors and First Lady Melania Trump in which he’s indicated that he’s “become convinced that some of his administration’s deportation policies have gone too far, and voters don’t like the...

Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat Authored by Micah Zimmerman via BitcoinMagazine.com, The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat to community banks. On April 8, the Council of Economic Advisers released a 21‑page paper modeling what happens if payment stablecoin issuers are barred from paying yield. The analysis, tied to the 2025 GENIUS Act’s prohibition on interest for payment stablecoins, finds that banning yield would raise bank lending by only about 2.1 billion...