What if the Bitcoin standard set a new global hurdle rate — not based on inflation or GDP, but on capital stock growth? In this clip from the PBJ podcast, we...

This newsletter explores three common misconceptions about U.S. federal debt and deficits.

It’s a bottom-up, emergent phenomenon. It’s the silent, invisible hand of the market responding to the failures of the fiat system.

What if I told you the U.S. government pays its bills with money it doesn’t really have? That it borrows by issuing bonds — and then buys those same bonds with money created out of thin air? This is the hidden financial trick that keeps the American empire…