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! President Donald Trump abruptly ended a tense “Meet the Press” interview with host Kristen Welker in Wisconsin Sunday after she repeatedly challenged his claims about election fraud, California’s vote count and his proposed “anti-weaponization” fund.Trump cut off the interview after accusing NBC, ABC, CBS and CNN of being “crooked” during a final exchange over his claims about U.S. elections.”You’re a one-sided crooked network,” Trump told Welker. “Sorry. Let’s call it quits because I’ve had enough. Thank you, darling. Have a good time.” TRUMP ASKS NBC HOST IF IT ‘SOUNDS GOOD’ TO REPORT…

NEWYou can now listen to Fox News articles! An unsupervised 3-year-old child turned nearly $2,000 in hundred-dollar bills into an unexpected arts-and-crafts project — stunning her father. Anthony Kalejaiye, 34, was left “shocked” after walking into his living room to find his daughter Amelia, three, happily cutting up a stack of cash — with the total damage later calculated at $1,800, news agency SWNS reported. The money had been stored as part of a stash of hundred-dollar notes typically used during Nigerian family celebrations, where it is customary to shower guests with cash during festive displays.POPULAR AMUSEMENT PARK BANS GUEST FOR LIFE…

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 walnut of a bygone era. The Springfield Armory M1A Tanker represents the optimized close quarters rendition of the classic M1A rifle with old-school aesthetics. For the American shooter looking for practical utility with a spritz of class, the M1A Tanker is your iron. Why Do We Do This, Anyway? The…

Covering the NBA gives you a chance to see a lot of posts from people and a lot of content that makes you shake your head. Almost every casual fan thinks the game consists of nothing but flopping, 3-point shooting only, and either the most skilled players ever, or the worst defenders ever. It is an era of hot takes and all-or-nothing mentality.It is easier to just watch a highlight and draw a conclusion than watch a full game and see the beautiful passing and movement that sets up those corner threes that we get so bored with. Game 1…

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 of fire with Iran every few days as the Navy blockades Iran’s ports. At home, the Pentagon is scrambling to bolster production of depleted munitions as families of service members cope with the stress of extended deployments. Counterattacks from Iran continue against U.S. allies in the region, such as Bahrain…

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NEWYou can now listen to Fox News articles! Washington Mystics head coach Sydney Johnson needed to be escorted off the court by police officers after blowing up at WNBA officials in a game Saturday night against the Atlanta Dream.The incident occurred with 3:52 remaining in the third quarter. Mystics guard Alicia Florez Getino was called for a foul on Dream star Angel Reese. Johnson was irate after the call and angrily addressed the officials as they were at the scorers’ table.ZERO BS. JUST DAKICH. TAKE THE DON’T @ ME PODCAST ON THE ROAD. DOWNLOAD NOW! Mystics second-year player Kiki Iriafen…

NEWYou can now listen to Fox News articles! Jonathan Bush, a Republican gubernatorial candidate in Maine who has been vying for President Donald Trump’s endorsement ahead of this week’s June 9 primary, previously ran a network of birthing clinics in the San Diego County area that often catered to migrant women, a Fox News Digital review found.”Here we were, the largest obstetric practice in San Diego County and our business was mostly Medi-Cal, the state welfare program, and migrant workers. We needed their business and even appealed to them with Spanish-language ads on local TV,” Bush, who was referring to…

NEWYou can now listen to Fox News articles! On May 4, the New Jersey State Interscholastic Athletic Association made girls flag football the 35th sanctioned varsity sport in the state. The vote took a few minutes. The work behind it took 15 years.Sanctioning girls flag football as a varsity sport makes opportunity official. Too — turning years of grassroots effort by parents, educators, coaches, students and us into lasting equity through stable funding, structured competition and a clear pathway for girls to advance.Football has always been a powerful force for connections — bridging communities, generations and backgrounds. Too often, access…

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NEWYou can now listen to Fox News articles! A Florida police department is taking a victory lap after thwarting an unsanctioned “teen takeover,” marking the latest move from law enforcement working to combat the viral events sweeping the nation. Authorities with the St. Augustine Beach Police Department shut down an unsanctioned event scheduled for Thursday at a local pier after they used electronic monitoring to identify the plan before it dissolved into chaos. “We’re a beach town, so we’ve always had spring break crowds that show up – but nothing that’s been organized like this with the sole intent of just causing…