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Murray Rothbard properly noted that the predatory state needs its “court intellectuals” to legitimize its predations. American higher education is happy to provide them.
What we cannot do, legitimately, is have the US government go abroad in search of the Venezuelan monster to destroy.
Gold is up, bitcoin is cooling, the yield curve turning. 2026 could un-invert the story.
Instead of market competition, inflation forces young and old into rivalrous competition for housing.
Bureaucracies not only are annoying and troublesome, but in the worst case scenario, a bureaucratic error can mean instant death for millions of people....