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This article was originally published by Michael Dioguardi at The Mises Institute. Previously, I have argued that sovereign credit systems are structurally biased toward expansion: crises justify new interventions, those interventions are never fully reversed, and each cycle leaves behind a higher institutional baseline than before. The Cantillon effect ensures that the gains from monetary expansion distribute unevenly, flowing first to those nearest the financial system. In another article, I examined why market discipline cannot correct this: Banking regulation assigns zero risk weights to sovereign bonds; liquidity rules mandate their ownership; central bank collateral frameworks treat them as foundational assets. The…
NEWYou can now listen to Fox News articles! A suspected Hamas terrorist, reportedly granted asylum a year from the Gaza war, was arrested by Greek police for allegedly plotting an attack on an Israeli cruise line.The Gaza man, 37, was arrested on the Greek island of Crete on Sunday for…
NEWYou can now listen to Fox News articles! Border czar Tom Homan pushed back on Democrats’ claims about conditions at a New Jersey ICE facility on Saturday, saying a surprise visit found detainees receiving substantial meals, access to recreation and orderly housing accommodations.”The Democratic politicians were lying. They’re enticing these…
The Springfield Armory M1A Tanker represents the synergistic combination of a compact, full-power rifle with a timelessly attractive aesthetic. Pushing a full-sized 7.62x51mm/.308 Win. round in a chassis that lends itself to maneuverability and easy portage, the M1A Tanker also captures some of that classic inimitable Parkerized steel and stained…
A video of Angel Reese going through her warmup routine went incredibly viral across social media over the weekend. The original video was deleted after millions of views, but the internet lives on forever, and the clip of Reese showing off her unique shooting form has continued to garner a…
Fourteen weeks after President Donald Trump ordered an attack on Iran, the U.S. military is adjusting to an unusual state of conflict that is not full-scale war, but also far from peace.On ships and bases in the Middle East, U.S. troops — some recovering from injuries — operate amid exchanges…
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NEWYou can now listen to Fox News articles! The Stanley Cup Final shifted to Las Vegas for Game 3 with the Vegas Golden Knights and Carolina Hurricanes knotted at 1-1 after splitting the opening two games in Raleigh.And, as you’d expect from the Golden Knights, this one got started with…
Caitlin Clark was part of another disastrous collapse on Saturday night, as the Indiana Fever blew a double-digit lead to the New York Liberty.After the Fever led by as many as 12 in the second half, the Liberty stormed back, capitalizing on Indiana turnovers to secure an 83-75 victory. Blowing…
NEWYou can now listen to Fox News articles! Former first lady Dr. Jill Biden gave an update on former President Joe Biden’s cancer on Saturday, saying that though the 83-year-old will live with cancer for the rest of his life, he maintains a busy schedule, but has slowed down.Biden explained…
NEWYou can now listen to Fox News articles! As America marks the 82nd anniversary of D-Day on Saturday, a group of women whose wartime labor helped sustain the Allied war effort gathered in New Orleans to remember a generation that is rapidly disappearing.More than 30 surviving “Rosie the Riveters” gathered…
NEWYou can now listen to Fox News articles! Multiple people were shot Saturday near a festival in Toledo, Ohio, as police searched for a suspect, authorities said.The Toledo Police Department said officers responded around 5:37 p.m. to a report of a shooting near Delaware Avenue and Glenwood Avenue, close to…
NEWYou can now listen to Fox News articles! If you find yourself reaching for a bag of chips after a few drinks, hormones may be partly to blame. Researchers suggest they can influence food cravings and may contribute to significant overeating.Studies examining how alcohol affects people’s eating habits have produced…
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NEWYou can now listen to Fox News articles! Nassau County executive and gubernatorial candidate Bruce Blakeman unloaded on Gov. Kathy Hochul Sunday over the escalating Long Island Rail Road (LIRR) strike crisis, accusing the Democratic governor of driving New York into chaos as hundreds of thousands of commuters prepared for…
Because the Philadelphia Phillies have had a disappointing start, collectively, to the 2026 season, it’s easy to miss what Kyle Schwarber is doing.Schwarber, even in his early 30’s, has taken his offensive game to a whole new level. In 2025, Schwarber exploded with 56 home runs, a new career high.…
Footage from a high-speed chase in Wisconsin earlier this month shows the fleeing driver going airborne and jumping his car over another. We’re talking full ‘Dukes of Hazzard’ style.It’s one of the most insane dashcam videos you’ll ever see. The Fond du Lac County Sheriff’s Office released the now-viral footage…
Rule No. 1 of attending a Major League Baseball game as a fan is that you have to keep your head on a swivel at all times. One poor fan, and her head, paid the price over the weekend for forgetting that non-negotiable.The fan, Jamie Golla, was sitting in the…
The United States and Israel are working together to prepare for a renewed round of attacks on Iran. This active preparation for a restart of hostilities with Iran could result in attacks as early as next week. Accoridng to a report by RT, US President Donald Trump has repeatedly threatened…
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NEWYou can now listen to Fox News articles! Thanking the U.S. support and showing defiance against China’s intentions, Taiwanese President Lai Ching-te issued a stern five-point message of independence Sunday, rebuking China as “the root cause of regional instability” and “the destruction of regional peace.””Taiwan will not, under pressure, give…
NEWYou can now listen to Fox News articles! The Senate parliamentarian rejected the last item in the Republicans’ budget reconciliation bill — $1 billion in White House and Secret Service security funding tied in part to President Donald Trump’s planned ballroomSenate Parliamentarian Elizabeth MacDonough, considered nonpartisan since taking the role…
Cop-killer bullets. That’s a pretty inflammatory phrase that is thrown around a lot. It seems to have been invented by hoplophobes and then used by politicians to attack your Second Amendment rights. As a former law enforcement officer myself, I believe the overly emotional descriptor for what is also called…
NEWYou can now listen to Fox News articles! Darby Allin’s opponents line up and he knocks them down, and it was proven again on All Elite Wrestling (AEW)’s “Collision” on Saturday night.Sammy Guevara challenged Allin to an AEW World Championship match at Ring of Honor’s Supercard of Honor event. Guevara…
Alex Smalley will begin Sunday’s final round of the PGA Championship in entirely unfamiliar territory as the 54-hole leader at Aronimink Golf Club. There will, however, be one certainty for the day, that being his “momager” following and tracking his every move.Smalley’s mom, Maria, has been at Aronimink every step…
NEWYou can now listen to Fox News articles! Eli Manning famously worked his way out of a situation with the then-San Diego Chargers and found himself playing his entire NFL career with the New York Giants.The move in 2004 changed the trajectory of both franchises. The Chargers traded Manning to…