Three Proposals for Price Stability

Candidate Ramaswamy wants to reform the Fed. Many of his arguments do not withstand scrutiny. However, there is one that deserves closer attention: his call to “stabilize the dollar…in terms of commodities.” We can think about commodity-based dollar stabilization in three ways. First, the Fed could use its existing monetary policy tools to keep the


Why Nothing Can Stop The Bradley Fighting Vehicle

The Bradley Fighting Vehicle is one of those American-made weapons systems — along with the AH-64 Apache helicopter gunship and B-2 Spirit “Stealth Bomber” — that were developed in the 1980s, battle-proven in the 1990s, and remain in service to this day. But also, in common with the Apache and the Stealth Bomber, the Bradley was one of those


Qaher-313: Iran’s Fake Stealth Fighter?

Iran’s Qaher-313 Stealth Fighter – Just Fake News? The Islamic Republic of Iran’s Air Force is comprised of very outdated airframes, including its arsenal of 40-year-old F-14 Tomcats, F-5 Tigers and F-4 Phantoms. The U.S. sold the Shah these formerly top-tier and superior fighters prior to the 1979 Iranian Revolution, back when Iran was still an


Pomp and Circumstance

It’s graduation season, and around my neighborhood, nestled as it is between two high schools, that means plenty of parties and festivities. Suddenly, all the kids who’ve been running the stop sign in front of my house and tossing empty Jim Beam bottles into nearby woods will assume the aspect of serious scholars—for an hour


Ecuador’s President Dissolves Parliament to Avoid Impeachment

By Stefan J. Bos, Chief International Correspondent Worthy News QUITO ( Worthy News ) – In an unprecedented move, Ecuador’s embattled President Guillermo Lasso disbanded the opposition-led legislature after it tried to oust him on embezzlement charges that he denies. The conservative leader invoked muerte cruzada (“mutual death”), a constitutional clause never before used, to


Joe Biden, Weird in Public

Joe Biden accidentally exposed his talking points for the G7 [because others do his thinking for him]. Having a president who can’t say the most basic things without a cheat sheet is weird to say the least. The first line tells him to thank his host Mr. Fumio in his hometown of Hiroshima. Everything he


Is Central Bank Digital Currency Unconstitutional?

The latest fad in monetary policy circles worldwide is CBDC or Central Bank Digital Currency, a government-created cryptocurrency exchanged on a blockchain. Many fear that it would give governments complete control over individuals by allowing them to track, and even block, individual transactions and to impose taxes at will. In the United States, though, “money”