SNB & CHF

In the debate over immigration among laissez-faire liberals and libertarians, one aspect of the open-borders side becomes quickly apparent: the debate generally ignores problems related to geopolitics such as international conflict, ethnic strife, and expansionist states. Rather, the libertarian advocates of open borders tend to focus overwhelmingly on why rich countries should open their borders to migrants from lower-income countries. These open-border arguments...

Economist Antony C. Sutton understood one of the most fundamental economic truths: gold is money. Thorsten Polleit reviews Sutton’s classic book, The War on Gold. Original Article: The Economic Wisdom of Antony C. Sutton’s The War on Gold [embedded content] Tags: Featured,newsletter

Using the rhetoric of “protecting democracy,” American ruling elites have tried to censor the internet because they don’t like the results of democracy when information no longer is filtered by the political classes. Original Article: A Free and Open Internet Is a Threat to the Establishment [embedded content] Tags:...

Since government regulates nearly everything, it is not surprising that regulations often prohibit the sale and consumption of raw milk. Like many other regulations, these prohibitions reflect political favoritism, not health science. Original Article: Government Prohibitions on Raw Milk Are Ignorant and Dangerous [embedded content]...

Jamaicans are willing to accept authoritarian behavior from the state in the name of rejecting colonialism. Original Article: Authorities in Jamaica Endorse Cancel Culture [embedded content] Tags: Featured,newsletter

There is an untold story in American monetary history. Some are reluctant even to discuss it. I’m referring to the US Secret Service’s very own role in the destruction of sound money in America. As constitutional, sound money in the form of physical gold and silver coins—whether minted privately or not—became an annoying impediment to expanding the size and power of the federal government, central planners began circulating unbacked paper proxies and formed...

The Federal Reserve’s inflation of the money supply and interest rate manipulation distort capital markets through, among other things, the creation of asset bubbles. As the cost of borrowing decreases and cheap money floods an economy, speculation in capital markets increases, leading to prices unmoored from fundamentals. Underlying these asset bubbles is a certain investor psychology—one based on expectations, encouraged by Fed actions over the last thirty-five...

For a long time, Kosovars remained invisible in Switzerland. In the 1990s they were victims of racist stereotypes. Today there are a lot of connections. A look at how the two countries have grown together. Kosovo is sometimes described as the 27th canton of Switzerland. There are 1.8 million Kosovars living in Kosovo and 250,000 in Switzerland. Relations have been close ever since Switzerland played a key role in the young state’s independence in 2008. Links between the two countries...

Wonka (2023) is a prequel film to the beloved story Charlie and the Chocolate Factory by Roald Dahl. Wonka tells the story of a young Willy Wonka, an up-and-coming chocolate salesman and magician, who challenges a chocolate cartel’s dominance. As one could imagine, the film is full of scenes that cast private enterprise in a negative light. The main villains are stereotypical movie businessmen who will do anything, even murder, to achieve their ambition for higher...

Overview: The dollar continues to consolidate broadly after the dramatic price swings at the end of last week. For the most part, the greenback remains inside yesterday's ranges, which were inside last Friday's. The G10 currencies are a little heavier today, except the Japanese yen and Norwegian krone, which are posting small gains. Indeed, the greenback is near session highs against most of the major currencies as we go to print. Emerging market currencies are more...