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SNB & CHF

Kryptobetrug auf dem Vormarsch: Amerikaner verlieren Milliarden

Im Jahr 2023 haben Amerikaner insgesamt 5,6 Milliarden US-Dollar durch Betrugsfälle im Zusammenhang mit Kryptowährungen verloren. Dies geht aus einem aktuellen Bericht des FBI hervor, der eine dramatische Zunahme der finanziellen Schäden in diesem Bereich aufzeigt. Die Verluste stiegen um beeindruckende 45 Prozent im Vergleich zum Vorjahr, was die zunehmende Komplexität und Raffinesse dieser Betrugsmaschen verdeutlicht. • Amerikaner verloren im Jahr 2023...

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Socialist Man in the Big Easy

Marxists long theorized that communism would bring about the new socialist man. Through communist programs, man would turn his sole purpose to laboring and struggling for the greater good of the collective.Through socialist policies and redistribution, New Orleans has raised from its ruin a new socialist man. However, instead of working for the collective, this risen New Orleans man does not work at all. He does not live for the collective but lives at the expense of...

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Why it’s Not Enough to Hate the State

This article is adapted from a lecture delivered at the Albuquerque Mises Circle in New Mexico, September 14, 2024. Listen to an audio version, here. Throughout its history, liberalism—the ideology today called “classical liberalism” or “libertarianism”—has suffered from the impression that it is primarily against things. This is not entirely wrong. Historically, liberalism coalesced as a recognizable ideology in opposition largely to mercantilism and absolutism...

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The Big Con: No Matter the Form, Easy Money Is Still a Fraud

P.T. Barnum purportedly proclaimed that “There’s a sucker born every minute”, though there is no proof that he actually said it. Whether true in Barnum’s time or in today’s social-media era, however, the phrase describes those gullible enough to believe anything, even when their better judgment (if they possess any of that) tells them otherwise.Now comes a story about TikTok, where 40 percent of young adults get their news these days. Recent news sources report...

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No Matter the Form, Easy Money Is Still a Fraud

P.T. Barnum purportedly proclaimed that “There’s a sucker born every minute”, though there is no proof that he actually said it. Whether true in Barnum’s time or in today’s social-media era, however, the phrase describes those gullible enough to believe anything, even when their better judgment (if they possess any of that) tells them otherwise.Now comes a story about TikTok, where 40 percent of young adults get their news these days. Recent news sources report...

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Soft US Headline CPI is Unlikely to Be Sufficient to Reanimate Expectations of another Large Fed Cut

Overview: The US dollar is mostly softer ahead of the September CPI. The euro and Canadian dollar have recorded new lows for the move. The greenback extended its gains against the yen to JPY149.55 but has fallen to new session lows in the European morning near JPY148.85. Given the pushback against Fed Chair Powell's 50 bp cut last month revealed in the FOMC minutes, it will take more than a soft headline CPI today to renew speculation of another large move. In fact,...

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To Beat the State, We Must Replace It

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order....

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