Does the Free Market Naturally Lead to Price Deflation?

Donald Rumsfeld's New Europe Is Waiting For Its Second Act Authored by José Niño via The Libertarian Institute On January 22, 2003, Donald Rumsfeld stepped behind the podium at the Foreign Press Center in Washington and, with one answer to a Dutch public television reporter, redrew the map of Europe. The reporter wanted to know why so many Europeans trusted Saddam Hussein more than then-President George W. Bush. The defense secretary fired back with words the Pentagon transcript preserved in full: "Now, you’re thinking of Europe as Germany and France. I don’t....

While the Saudi-backed government-in-exile for Yemen continues to present the STC separatists as a group that has disbanded and tries to focus on styling themselves as a legitimate government, rallies for the STC continue to grow across the south, hitting more and more cities calling for a restoration of South Yemen as an independent state. […]

"Just Another Dip Investors Will Buy": Futures Drop, Oil Rises On Renewed Iran Tension US futures whipsawed and crude oil spiked higher as tensions flared up again in the Middle East, taking the focus off a run of strong earnings by megacap tech companies. As of 8:00am ET, S&P and Nasdaq 100 futures dropped 0.2% from Friday's record highs, falling as much as 0.5% just minutes earlier after Iran’s Fars agency claimed two missiles hit an American patrol boat, before erasing most of the declines after the US denied a...