Tag Archives: newsletter

Overview: The capital markets seemed to have an exaggerated response to the US CPI, where the headline rate, flattered by the rise in energy, rose by 0.1% in September than forecast. Rather than decline, the headline year-over-year rate was unchanged at 3.7%. The core rate was as expected slowing to 4.1% from 4.3%. Next week's US data, including retail sales, industrial production, existing home sales, and the index of leading economic indicators are expected to...

The most anticipated release of the week came in … “Unchanged” or sticky stuck from the August at 3.7% yoy. But it’s worth mentioning as we will discuss below that this is up from June CPI which was 3.09% yoy. Core CPI which excludes food and energy because of their volatility sits at 4.13% yoy down from 4.39% last month. Let’s look under the hood a bit because headlines will mention “sticky” CPI and there are some reasons that CPI will indeed...

On this episode of Radio Rothbard, Tho Bishop is joined by Connor O'Keeffe to discuss their thoughts on the conflict between Hamas and Israel and whether Americans have learned any lessons from the War on Terror. "Hamas, Israel, and the Collapse of the Fiat Global Order" by Tho Bishop: Mises.org/RR_155_A "Is It Just War or Unjustified Slaughter of Innocents?" by Connor O'Keeffe: Mises.org/RR_155_B "Get the US Out of the Middle East" by Ryan...

Climate alarmism dominates the news cycle, but perhaps people be more alarmed by massive federal budget deficits and runaway entitlement spending. Original Article: It’s Time for Some Debt and Entitlement Alarmism [embedded content] Tags: Featured,newsletter

Data is sometimes referred to as today’s most valuable commodity. Given the technologically focused world around us, data is generated with almost everything we do or consume, whether you use Apple Pay to purchase goods from a retail outfit or use a credit card for your Uber Eats order. It is, in other words, largely unavoidable to create a digital footprint. This continuously produced data is often monitored, retained, repackaged, and resold to third...

This past weekend, the world witnessed absolute barbarism play out as Hamas agents brutally targeted Israeli civilians. The State of Israel, suffering from a historic failure to protect its residents, has predictably responded with major military operations in the Gaza strip. The result is a growing regional conflict fueled by historic feuds beyond the scale of traditional geopolitical considerations. Add to this the ongoing war in Ukraine, a less-talked-about...

While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate. Original Article: The Central Bank Policy Interest Rate vs the Natural Rate [embedded content] Tags: Featured,newsletter

The term “roundabout” is not normally associated with efficiency, unless you’re an economist. Yet roundabout methods—when applied to production—are the key to prosperity. Eugen von Böhm-Bawerk, the great Austrian economist of the late nineteenth and early twentieth centuries, provided examples illustrating how this idea works. Consider a farmer whose source of drinking water is some distance from his house. Whenever he gets thirsty, he can go to the spring and drink...

Overview: The dollar is mixed against the G10 currencies. It is confined to narrow ranges ahead of today's CPI report. The Russian ruble is the strongest of the emerging market currencies following the imposition of new capital controls, forcing many exporters to repatriate their foreign earnings. After posting a key upside reversal at the end of last week, gold continues to recover. It nearly $1883 so far today, the best level in more than two weeks. November WTI...

Some free-market advocates are pushing for dollarization in Argentina. But the devastating US sanctions against Panama in 1989 show us how dollarization helps the US exercise more hegemonic power over foreign economies.  Original Article: Dollarization Puts Foreign Economies at the Mercy of the US Regime [embedded content]...