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SNB & CHF

Review of: Deception: The Great Covid Cover-up

Ever wonder if you were living in the Dystopian States of America? Senator Rand Paul’s Deception: The Great Covid Cover-Up, published October 10, 2023, does not disarm those haunting feelings. This book is not for those who wish to place everything we have learned during the covid-19 control program in a memory hole. To the contrary, Paul is encouraging those who would pursue the truth to join him in confronting the difficult questions this period raises, including...

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Ezra Klein’s Progressivism Cannot Build Anything Socially Useful

In 1982, I had the privilege of touring East Berlin with Murray Rothbard and other delegates from the Mont Pelerin Society. At the time, the Western press heaped praise on East Germany for what progressives believed to be the many accomplishments of communism’s most celebrated regime. Unlike the more capitalistic West Berlin, East Berlin had an administered socialist economy complete with free healthcare. East Germany was proof that socialism could not only build...

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Can Milei Really Shut Down Argentina’s Central Bank?

The monumental fiscal and monetary hole that Peronists Massa and Fernández have left for Javier Milei is difficult to replicate. Ex-president Mauricio Macri himself explained that the inheritance Milei receives is “worse” than the one he found from Cristina Fernández de Kirchner. Peronism leaves a country in ruins and with a massive time bomb for the next administration. The enormous economic problems of Argentina start with a primary fiscal deficit of 3% of GDP and...

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What Would Mises Think? Austria Is Applying (Some) Austrian Economics

Austria is one part of the name “Austrian economics.” How has the country of Austria prospered by applying Austrian economic concepts? The nation regained full sovereignty in 1955. Their form of government is a parliamentary coalition with a prime minister as head of state and a ceremonial office of president. How would Ludwig von Mises view Austria today implementing Austrian economics? He would not recognize the country he fled in 1934 ahead of the German war...

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The Unknown Reasoner

How States Think: The Rationality of Foreign Policyby John J. Mearsheimer and Sebastian RosatoYale University Press, 2023; 304 pp. How States Think surprised me. John Mearsheimer is a well-known critic of American foreign policy, and his analysis of the Ukraine war has been deservedly influential. As result, I anticipated that this book would expand his critique. The book does contain some critical discussion of American foreign policy, but, for the most part, the...

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Neutral approach helps secure hostage releases in Israel

Fabrizio Carboni, the Regional Director of the Middle East section of the International Committee of the Red Cross (ICRC), explains how the organisation's neutrality was vital in building up trust with Isreal and Hamas to facilitate hostage releases. For more on this story, visit http://www.swissinfo.ch --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events....

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Tax Refunds Delayed? Here’s How an Emergency Loan Can Help

For many, tax refunds feel like a mini-windfall—a delightful surprise at the beginning of the year. A chance to cover old debts, splurge on something desired, or simply bolster savings. But what happens when this eagerly anticipated money doesn’t arrive on time?  Delays can, unfortunately, throw a wrench in your financial plans, causing unnecessary stress. This is where a tax refund cash advance emergency loan might come into the picture as a potential savior. Why...

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Canadian Dollar Plays A Little Catch-Up, Rises to best Level in Nearly Seven Weeks

Overview: The US dollar is narrowly mixed against the G10 currencies. The Canadian and Australian dollars lead the advancers, while the Scandis are pacing the losers off 0.1%-0.2% in quiet turnover. Most the freely accessible emerging market currencies are sporting softer profiles today, the Chinese yuan is among them. However, most Asia Pacific currencies, are firmer. Benchmark 10-year yields were softer in the Asia Pacific region in mostly a catch-up to the...

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