News with the tag "free market"

U.S. stocks closed higher as investors welcomed signs of progress on trade policy and processed a flurry of corporate earnings. The Dow Jones Industrial Average rose 300 points, or nearly 0.75%, while the S&P 500 gained 0.6% and the Nasdaq Composite added 0.5%. The bounce gained momentum in the afte...

In a world where financial markets often feel manipulated and controlled, the concept of a truly free market is increasingly alluring. BitMEX co-founder Arthur Hayes has ignited a fascinating debate by declaring Bitcoin (BTC) as precisely that – a genuine free market, starkly contrasting with the tr...

Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Mil...

In this week’s news, another major U.S. bank has failed, a Maine senator has appealed to United States president Joe Biden to grant Silk Road creator Ross Ulbricht clemency, a senior U.S. district judge has rejected the approach taken in the SEC v. Ripple ruling regarding XRP, and Robert Kennedy Jr....

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) and former U.S. Representative Ron Paul agree that America does not have a free market. Referencing RFK Jr. stating that America has “a crony corporatist system,” Paul stressed: “He’s right!” RFK Jr. and Ron Paul on Free Market Former U.S. ...

At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy, a publicly-listed company, had 140,000 bitcoin (BTC) on its balance sheet. Despite this impressive figure, a data analyst at blockchaincenter.net compiled metrics that reveal the company’s investment has decreased in value by 14%. Th...