This article was originally published by Joseph T. Salerno at the Mises Institute.  This article is adapted from a lecture presented at the 2025 Supporters Summit in Delray Beach, Florida. I want to start with a confession: I love falling prices. I love deflation. I want all prices to go down to a nickel. I stole that line from Murray Rothbard. It’s not inflation that we should fear, it’s the opposite— deflationphobia, which is the fear of falling prices. We should fear deflationphobia because it leads to a very dangerous institutional monetary policy: inflation targeting. So, let me begin with…

NEWYou can now listen to Fox News articles! U.S. forces hammered Iran’s anti-ship missile sites near the Strait of Hormuz with 5,000-pound bunker buster bombs on Tuesday, U.S. Central Command (CENTCOM) said.The strikes near the Strait of Hormuz, the world’s most important oil choke point, come as Iran’s stranglehold over the vital waterway has grown concerns over the regime’s threats to oil tankers.”Hours ago, U.S. forces successfully employed multiple 5,000-pound deep penetrator munitions on hardened Iranian missile sites along Iran’s coastline near the Strait of Hormuz,” CENTCOM posted Tuesday evening on X.Deep GBU- 72 penetrator weapons, often referred to as bunker…

NEWYou can now listen to Fox News articles! As the NFL continues to expand its reach, more media companies are looking for their piece of the TV rights pie. But as the media rights deal currently sits, there is already a demographic of fans who view it all as too much. And fans may have to figure out how to access even more platforms, with the league expected to rip up its current paperwork for a more lucrative media rights deal, where additional media partners could get involved. Tim Brando, the longtime sports broadcaster who currently works with FOX Sports, believes there…

NEWYou can now listen to Fox News articles! Senate Republicans dug in for the long haul as they embarked on their floor takeover and signaled that the hours of debate that crept well beyond the upper chamber’s usual twilight business hours were just the beginning.The GOP launched its plan to control the Senate floor earlier Tuesday and spent the ensuing hours lauding and defending the Safeguarding American Voter Eligibility (SAVE) America Act as Senate Democrats hammered the bill as a tool of voter suppression.But without Democratic support, the bill is destined to fail. And the vote to open the marathon…

NEWYou can now listen to Fox News articles! Last Friday, appalling news broke that a 19-year-old illegal immigrant student in the United States was criminally charged with nine counts of assault and battery for allegedly groping girls in the halls of a Fairfax County, Virginia, high school.According to the mother of one of the alleged victims, the accused “sneakily walked up behind [the girls] and put his hand between their legs. It was not just a butt smack or a butt grab. It was a groping of a private area. It had been occurring for months.”What is even more shocking…

NEWYou can now listen to Fox News articles! As American airports and travelers continue to suffer the impacts of the DHS shutdown — and as TSA officers continue to go without paychecks — some European countries are warning those who would potentially visit the U.S.A.The United Kingdom, for example, updated its foreign travel advice for those looking to travel to the U.S. — calling out the “travel disruption.”Its advisory says, “There could be longer than usual queues at some U.S. airports due to a partial US government shutdown.”TSA OFFICERS SKIP WORK AS PAYCHECKS STOP DURING SHUTDOWN, AIRPORTS FACE CHAOS NATIONWIDEIt…

Looking for a backpack loaded with tactical features but without the tactical look? That’s exactly what 5.11’s LVC12 offers.We’ve all seen the gray man memes online. Maybe you even know someone who dresses that way in real life. They think they’re blending in, but in reality, they’re sticking out. Wraparound sunglasses, tactical pants and cop boots are the fashion equivalent of putting a Glock bumper sticker on your truck. You’re just announcing to the world that you have a gun. There are better ways to add functional capability to your wardrobe without the tactical aesthetic, and as far as backpacks…

NEWYou can now listen to Fox News articles! Sen. Tommy Tuberville, R-Ala., on Tuesday sought to defend his social media post comparing New York City Mayor Zohran Mamdani’s rhetoric to the Sept. 11, 2001, terrorist attacks.Tuberville shared a post last week that juxtaposed a photo of the terror attack on the Twin Towers with an image of Mamdani, who appeared to be hosting a Ramadan Iftar event at City Hall. An account called “End Wokeness” posted the images along with a message that read, “Less than 25 years apart.””The enemy is inside the gates,” Tuberville said on X in response…

NEWYou can now listen to Fox News articles! EXCLUSIVE: The leader of an international pro-life group is criticizing a bill being considered in the United Kingdom that would protect women from criminal liability for abortions up until birth.In an interview with Fox News Digital, 40 Days for Life CEO Shawn Carney said British lawmakers are following efforts by Democrats in the U.S. in seeking to allow abortion in these instances, which he described as “absolutely absurd.””They haven’t really lobbied for this,” Carney said. “Typically, Europe is far more conservative on abortion than the United States. Most European countries regulate abortion…

NEWYou can now listen to Fox News articles! EXCLUSIVE: A 16-year-old girl who had been missing for roughly one month has been safely recovered following a multi-state investigation that led to the arrest of an accused repeat kidnapper, the FBI told Fox News Digital on Tuesday.The victim was reportedly found in a hotel room last Friday near Jacksonville, Florida, after she was reported missing from Ohio on Feb. 16.Investigators identified the suspect as a Tennessee man named Negron, whose charges are currently pending. Agents also determined that Negron had been linked to a separate potential kidnapping in 2024, when he…

NEWYou can now listen to Fox News articles! Eugenio Suarez, the man who hit the game-winning RBI double to lift Venezuela over Team USA in the World Baseball Classic (WBC) final, tapped into his faith during his post-game interview. “I mean, what can I say about this? It’s amazing. God is good, all the glory is for the Lord Jesus. He was with us the whole time,” Suarez told FOX Sports’ Ken Rosenthal after being asked his emotions following the 3-2 win over the U.S. “We have to glorify, put his name in front of everything. Nobody believed in Venezuela, but now…

NEWYou can now listen to Fox News articles! Latin Grammy-winning singer Bobby Pulido, now the Democratic nominee in Texas’ 15th Congressional District, appeared in a controversial music video depicting lewd behavior.In a 2010 music video for his song “Dias de Ayer,” Pulido portrayed a character wrapped in a red blanket engaging in indecent acts and appearing to expose himself to a woman seated next to him on a plane.According to the New York Post, Pulido faced questions from the Mexican press about his sexuality following the release of the video.”People are opening up more. I can even tell you that…