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Jeff interviews Mises Institute member Daniel from the barrios of Caracas, Venezuela. Topics include: Anarcho-capitalism in Venezuela, the trouble with socialism, the Mises Institute in Venezuela, $1 a day maximum withdrawal limit, long lines for the supermarket, anarchism is unknown in Venezuela, armed private security is not allowed greatly adding to the danger, only criminals…

In this Jubilee Year 2016, Pope Francis affirmed communism as the best structure for humankind and the European Union. He did so upon receiving the Charlemagne Prize last week and made a speech that included the following comment: “We need to move from a liquid economy prepared to use corruption as a means of obtaining…

It was just yesterday that we said that Donald Trump had chosen the best of the two available options for the US government.  The two, and only two, options are to default on the debt or to hyperinflate.  And the best option for almost everyone (except those who stupidly and immorally loaned the US government…

On Thursday, Donald Trump told CNBC that his solution to dealing with the $19 trillion-plus national debt involves a form of default such as repurchasing existing bonds at a discount. The media jumped all over him calling his idea “insane” and warning that it would tank the economy or set off an “unprecedented financial crisis.” They…

Billionaire trader, Stanley Druckenmiller, recently stated that the current situation in the global economy is similar to the situation on the eve of the crisis of 2008. At the Ira Sohn Investment Conference in New York, he said, “The bull market is exhausting itself… The Fed has borrowed from future consumption more than ever before. It…