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It's Liberation Day…again. After two missed deadlines and only a few trade deals done, Trump's global tariffs officially go into effect today. To mark the occasion, White House trade advisor Peter Navarro says the president not only deserves a Nobel Peace Prize—but also a Nobel Prize in economics. Meanwhile, Trump can't stop talking about Jeffrey Epstein, telling reporters on Air Force One that Virginia Giuffre was "stolen" by Jeffrey Epstein from the Mar-a-Largo spa. Trump pressures Senate Republicans to kill a ban on congressional (and presidential) stock trading. Jon and Dan discuss the latest, including Democrats' shifting views on Gaza, Kamala Harris's decision not to run for California governor, and Texas Republicans' attempts to steal the 2026 midterm elections by redrawing their congressional map. Then, Congressman Jason Crow joins Tommy in the studio to talk about recruiting Democrats to run for office, and why he's suing ICE after being denied entry to a detention facility in his district.
While it is true that colonial era governments sometimes burned paper money after receiving it in the form of taxation, why they burned the money is for reasons other than what MMT advocates are claiming. In the end, the MMT promoters are telling a false history.
Original article: https://mises.org/mises-wire/why-governments-burned-money
Rothbard took the American Revolution to be mainly libertarian in its inspiration, but he contends that the libertarian impulses of the Revolution were betrayed by a centralizing coup d’état.
Original article: https://mises.org/mises-wire/rothbard-constitution-was-coup-detat
Not only are modern monetary theory (MMT) cultists dishonest about the role of money, they also are dishonest about money‘s history. By taking issue with Carl Menger‘s historical version, they expose their own ignorance of how money came about.
Original article: https://mises.org/mises-wire/mmt-wrong-about-history-origins-money
We like to think of the “deep state” as a conspiratorial entity. In reality, the term describes much of what the federal government does in broad daylight.
Original article: https://mises.org/mises-wire/yes-virginia-there-deep-state-and-it-worse-you-think
Twenty-seven Democratic senators voted against aid to Israel on Wednesday, a mark of the Jewish state's abandonment by one of the two major parties in America. But wait! What's this? Polling in 1982 that almost perfectly matches the polling today on support for Israel? Maybe be of better cheer if you are an advocate for the Jewish state, or nah? And...the amazing Sydney Sweeney jeans ad and what it says about America. Give a listen.
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