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Argentina's Monetary Policy Reveals Germany's Loss of Control
Argentina's Monetary Policy Reveals Germany's Loss of Control
Submitted by Thomas Kolbe
Javier Milei is a politician who was trained along the lines of the Austrian School of Economics. For him, the maxim coined by Ludwig von Mises applies: inflation is always and everywhere a monetary phenomenon.
In other words: artificial expansion of the money supply leads to price increases – in different ways. Newly created, unbacked credit, as it is inherent in the fiat money system, can initially manifest itself in asset prices depending on the structure of an economy, for...
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Apr 9, 2026 / Tyler Durden
FBI Arrests Former Army Contractor For Allegedly Leaking Top Secret Details About Special Forces To Media
FBI Arrests Former Army Contractor For Allegedly Leaking Top Secret Details About Special Forces To Media
Authored by Jill McLaughlin via The Epoch Times,
The FBI arrested a former Fort Bragg civilian contractor April 7 for allegedly providing top secret details about the Delta Force special forces unit to a journalist who later published the information in an article and book.
Courtney Williams, 40, of Wagram, North Carolina, was indicted by a federal grand jury and charged with violating the Espionage Act in connection to the alleged transmission of classified national defense...
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Aug 16, 2026 / Tyler Durden
'Delusional': Iran Fires Back At Trump's Make 'Hormuz Strait A Territory Of The US' Ambitions
'Delusional': Iran Fires Back At Trump's Make 'Hormuz Strait A Territory Of The US' Ambitions
Predictably, Iran has on Saturday issued a full-throated rejection of President Trump's Friday evening words related to the status on the conflict and energy transit in the region.
In a speech on New York's Long Island, Trump introduced the idea of declaring the Strait of Hormuz a US territory. "After we finish defeating Iran, which is being very badly defeated — pretty soon, I'll be declaring the Hormuz Strait a territory of the United States," Trump...
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Apr 7, 2026 / Tyler Durden
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
While the monthly jobs report has become a veritable economic random number generator, with every monthly print coming either well below or above the forecast stack, the weekly initial claims report has become its foil - a study in boring reporting, with numbers barely budging week to week, and usually falling right on top of Wall Street estimates. A similar dynamic is emerging for the monthly consumer credit report: following a volatile 2025, when revolving credit swung around wildly...
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