SNB & CHF

If AI isn’t self-aware of the fact it is nothing but an exploitive tool of the powerful, then it’s worthless. The latest wave of AI tools is generating predictably giddy exaltations. These range from gooey, gloppy technocratic worship of the new gods (“AI will soon walk on water!”) to the sloppy wet kisses of manic fandom (“AI cleaned up my code, wrote my paper on quantum physics and cured my sensitive bowel!”) The hype obscures the fundamental reality that all...

Ryan McMaken and Tho Bishop look at how the regime's narrative on foreign policy is failing, and how some in Congress are finally standing up to the warfare state. Yet, the regime wants more US wars in Syria, Ukraine, and now even Mexico. And you will pay for it all. Will the voters demand a more sane foreign policy in 2024? [embedded content] Recommended Reading "The Costs of War in Syria" by Ryan McMaken (2013): Mises.org/RR_124_A "A Permanent Wartime...

The Censored Generation Incredulity. Astonishment. Disgust. Anger. It is these feelings—amongst others—that describe the general reaction to the revelations of the Twitter Files and other egregious episodes of Big Tech censorship of the electronic public square. The implicit deal with companies like Twitter, Facebook, Google, etc. is very simple: we will look at your ads if you give us a service for free. The deal did not include censorship. But what is society to...

Don’t feel bad if MSC, the Mediterranean Shipping Company, is the biggest ocean-going carrier you have never heard of. It is meant to be that way. Its founder, Gianluigi Aponte, is a publicity-shy Italian billionaire, based in Switzerland, a country with no maritime borders and a culture of secrecy as deep as the ocean. His firm has taken the seafaring world by stealth. Born in 1970 with a single vessel trading between Somalia and southern Italy, msc last year...

As the Biden administration continues to inflate the dollar, other nations are questioning the existence of the petrodollar. Original Article: "Saudi Arabia’s Quandary: The End of the Petrodollar" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags: Featured,newsletter

Das Ziel dieses jüngst in Bern gegründeten Vereins ist es, ein breit abgestütztes Metaverse-Ökosystem zu schaffen und sich für attraktive Rahmenbedingungen in der Schweiz einzusetzen, so dass neue Geschäftsmodelle, Firmen und Arbeitsplätze entstehen können. Präsidiert wird die Swiss Metaverse Association von Tina Balzli, Partner und Leiterin der Fintech & Blockchain Abteilung bei CMS, und Alexandra Hofer, Senior Consultant bei furrerhugi. Rebecca Balzli «Mit...

As the State of the Union address and subsequent pronouncements have made clear, American politics is in the firm grip of fiscal illusion. One example is President Biden’s bragging that “In the last two years, my administration has cut the deficit by more than $1.7 trillion—the largest deficit reduction in American history,” which implied that we should only look at a short run effect which had little, if anything, to do with the policies he adopted, in evaluating...

Shift Crypto, der Schweizer Hardware-Wallet-Hersteller, geht eine Partnerschaft mit Pocket Bitcoin ein. Pocket Bitcoin ist ein Schweizer Bitcoin-Broker, der die einfachste Möglichkeit bietet, Bitcoin direkt auf die eigene Wallet zu stacken. Beide Unternehmen haben ihren Sitz in der Schweiz und verfolgen das gemeinsame Ziel, den Zugang zu und die Verwahrung von Bitcoin einfacher und sicherer zu machen. Die Unternehmen arbeiten zusammen, um eine günstigere, noch...

Money supply growth fell again in January, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. January's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money supply growth has slowed quickly, and since November, we've been seeing the money supply contract for the first time since the 1990s. The last time the...

We can be sure that the "natural elites" of which Hans Hoppe wrote are not among the Davos crowd. That group of "elites" has an agenda, and it is not liberty and free markets. Original Article: "The Attack of the Subversive Elites" This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content]...