What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike FTX, the Fed can create fictitious assets and pretend that nothing is happening.
A gratidão a Deus vai além de palavras bonitas; é um coração rendido que reconhece Seu amor, cuidado e propósito em tudo. Quando agradecemos, nos alinhamos com a vontade d’Ele e abrimos espaço para mais da Sua graça em nossa vida.
Studio Ghibli memes beaten to death: Bear with me as I attempt to explain something extremely online that nevertheless carries some political significance. You may be familiar with Studio Ghibli, the Japanese animation studio helmed by Hayao Miyazaki, behind classics such as My Neighbor Totoro and Spirited Away. Open AI, the creators of ChatGPT, recently released another higher-quality image generator that people have realized allows images to be rendered in the Studio Ghibli house style. Note that this is contra Miyazaki’s own […]
Are you a tech optimist or pessimist? Do you think our advancing technology—in areas such as artificial intelligence, quantum computing, robotics, and space technology—will make our world better or worse? And do you think the new technologies of the last two centuries have more helped or harmed the advancement of mankind? I’ve found that the more traditional a Catholic is, the more likely he is to answer those questions pessimistically. He’s more inclined to be skeptical of the claims […]
With James J. Puplava, CFP®, CTS™, CES™, CIS™, CFS™, CAS™, CSS™, FPWM™ Mar 28, 2025 – Financial Sense Newshour welcomes Doomberg, the popular writer and energy analyst, to connect the dots between single-party rule, environmental policies, and economic mismanagement, warning that California’s challenges…
The first federal official of any kind to be impeached and removed from office was a federal judge from New Hampshire named John Pickering. He was an appointee of President George Washington and was generally aligned politically with the Federalists. After Thomas Jefferson was elected president in 1800, the Jeffersonians went on the attack against what they saw as untoward Federalist influence over the federal courts. Pickering was vulnerable. He had faced credible past accusations of both mental […]
I’ve been studying the key concepts in Austrian economics. My honest feeling: Breaking the mental loop of today’s mainstream economic thinking is not easy. Even harder for ordinary people. Every once in a while, I write down what I learn. Recently I wrote about purchasing power and fiat illusions. Would love feedback from folks here. Stop Measuring Wealth By Money Units, Start Measuring Wealth By Purchasing Power submitted by /u/Glum_Sea_8122 [link] [comments]
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to trade or that the American public will be uncharacteristically fine with higher prices.
On Inauguration Day, President Donald Trump vowed to “forge a society that is colorblind and merit-based.” Less than two weeks later, Vice President J.D. Vance’s office hired Buckley Carlson—the 24-year-old son of former Fox News host and popular conservative pundit Tucker Carlson—as deputy press secretary. At least young Buckley can be certain that he didn’t get the job because of the color of his skin. The dismantling of the federal government’s various so-called diversity, equity, and inclusion (DEI) […]
