Chapter V. Restricting Bank Credit: Proposals and Actions

Will AI Make Us Wonderfully Prosperous? Authored by Jeffrey Tucker via The Epoch Times, “Any given government program will become the opposite of its name,” Elon Musk said recently. The rule seems correct. Think of the Affordable Care Act, the Inflation Control Act, the CARES Act, the War on Poverty, and countless others. They all resulted in the very inverse of how they are named. That’s some wisdom right there. Musk holds many libertarian views along these lines and has been a vocal champion of capitalism as an economic system. He famously set out to...

Watch: Russian Military Conducts Test Of Huge Mobile ICBM Russia on Friday unveiled that it conducted a successful combat training launch of a mobile, solid-fuel intercontinental ballistic missile from the Plesetsk Cosmodrome in the northwestern Arkhangelsk region - host to a key missile defense and aeronautical testing base in the Arctic region. "A training-combat launch of a mobile-based solid-fuel intercontinental ballistic missile was carried out at the Plesetsk State Testing Cosmodrome," a defense ministry statement said, citing the work of the Strategic Missile Forces. "The training warheads arrived in the designated area...

US Announces South Africa Visa Curbs Citing Racism Against Afrikaners Authored by Troy Myers via The Epoch Times, The U.S. Department of State announced Tuesday new visa restrictions against some foreign nationals in South Africa who are alleged to be involved in discrimination and incitement of violence against minority groups in the country. A State Department news release said the policy will target any individual involved in racially motivated crime, uncompensated land seizures, government-sponsored discrimination, and race-based legislation against the Afrikaner community, a white South African group of Dutch, German, or French...