Welcome to Whose Economy Is It, Anyway?, where the rules are made up and the dollars don’t matter. Or at least that seems to be the view of the Yellen regime.

Original Article: "A Bank Crisis Was Predictable. Was the Fed Lying or Blind?"
This Audio Mises Wire is generously sponsored by Christopher Condon. 

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Welcome to Whose Economy Is It, Anyway?, where the rules are made up and the dollars don’t matter. Or at least that seems to be the view of the Yellen regime.
As Doug French noted last week, Silicon Valley Bank (SVB) was the canary in the coal mine. Over the weekend, Signature Bank became the third-largest bank failure in modern history, just weeks after both firms were given a stamp of approval by KPMG, one of the Big Four auditing firms.
While some in the crypto community are suggesting that the closure of Signature Bank has more to do with a larger war on crypto, the regulatory action was enough to push coordinated action from the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Treasury to do what they do best, ignore clearly established

Recorded in Tampa, Florida on February 25, 2023.

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In recent years, it has become popular in parts of conservative discourse to discuss the “Brazilianization of America,” a reference to the challenges a large country faces in governing an increasingly multicultural “universal nation.” But this weekend, it was the Americanization of Brazilian politics that took center stage as pro-Bolsonaro forces rose up in aggressive protest against the newly inaugurated Lula regime, in a move reminiscent of what played out in Washington on January 6, 2021. The similar challenges facing America and Brazil, including concerns about the state of their democracies, is worthy of exploration, as is the global response to the protest and what that response means for those opposed to the current “neoliberal” international order.
At a

Last year Congress officially declared Juneteenth a federal holiday. While Very Serious talking heads attempted desperately to convince those that would listen that Juneteenth was a long-celebrated American holiday, the reality is that it was largely unknown around the nation prior to congressional action. The episode is a useful illustration of how the state weaponizes secular holidays to promote a larger cultural agenda.
Prior to nationwide riots in 2020, Juneteenth was properly understood as a regional holiday celebrating the emancipation of Texas slaves. The day was understandably a time of celebration for freed Texas slaves and their descendants. Other states have their own days celebrating the end of slavery at times that correlate with their own

Durch die bloße Kraft seiner intellektuellen Arbeit etablierte sich Ludwig von Mises als einer der bedeutendsten Intellektuellen des 20. Jahrhunderts. Seine Abhandlung Human Action ist bis heute ein grundlegendes Werk für die Österreichische Schule der Nationalökonomie. Seine Kritik, die die Undurchführbarkeit des Sozialismus aufzeigte, wurde durch den Zusammenbruch der Sowjet Union illustriert und wurde bis heute nicht ernsthaft intellektuell angegriffen.
Ebenso bedeutend, aber oftmals übersehen, ist seine Arbeit über ein ökonomisches System, das fortlaufend die heutige Welt schädigt: der Interventionismus.
Mises erkannte, ebenso wie Zeitgenossen wie James Burnham, dass die wirkliche Gefahr für freie Märkte im Wesen nicht in einer sozialistischen Revolution

Should skepticism of the 2020 election, fueled by a new administration’s actions, finally convince 50+ million Trump supporters that the barbarians in the Beltway do not represent him, then Trump’s presidency will be—despite his own actions—the disruption that America’s elites truly feared.

Original Article:
Well, they finally got Donald Trump. But he sure scared the bejesus out of them. It took a massive five-year campaign of hysteria, of fear and hate, orchestrated by all wings of the Ruling Elite, from the respectable right to the activist left. The irony, of course, is that the last actions of Trump’s presidency highlighted how little of a threat he, as an individual, truly was to the deep corruption in America’s government. Lil Wayne may be free, but

Covid has exposed how easy it is for government to weaponize healthcare. How long will the doctor-patient relationship remain sacred?

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Original Article: “Covid and the Escalation of Medical Tyranny“.

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Recent protests in Hong Kong, along with the resulting fall out from international corporations questioned for their relationships with mainland China, has placed a renewed focus on the authoritarianism of the Chinese Communist Party. This has led to several articles identifying ways in which Western countries have learned from the CCP, including Europe’s growing embrace of web censorship and growing interest in the social credit system rolled out in 2018. Given that it wasn’t that long ago that it was common to see Western leaders and neoliberal commentators openly envy aspects of the Chinese political system, these concerns are certainly worth exploring. What should be of equal interest, however, is the ways China may be learning from the West.
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