Clarifying the Economic Framework for Both Camps in the Bitcoin Debate

Bob helps to clarify the Bitcoin debate. On the one hand, the “no intrinsic value” skeptics are ignoring how Austrians deal with gold, while on the other hand, the “HODL forever” enthusiasts would never allow Bitcoin to become a money. Mentioned in the Episode and Other Links of Interest: ​For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on Apple Podcasts, Stitcher, Spotify, and via RSS. Source link

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VAWA Balkanizes Rights, Cynically Erasing Male Indians

The Violence Against Women Act (VAWA) embodies a political trend that cripples human rights in the guise of crusading for them. This trend is the balkanization, or fragmentation, of rights. Recently passed by the House, VAWA has moved to the Senate, where the trend it represents may well be translated into more law. Identity politics and its activist branch, social justice, claim to champion oppressed groups. Yet both reverse the process by which oppressed groups have historically claimed their freedom: the universalization of rights. The term “universal rights” means that…

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Carnival says bookings are rising at record pace, watching US rules closely

Travelers trying to board the Carnival Panorama cruise ship for a 7 day trip were met with a delay in Long Beach on Saturday, March 7, 2020. The ship sent a letter to passengers explaining a non specific medical issue is preventing them from disembarking the ship and allowing new passengers aboard. Carnival employees were informing passengers that it could be a long wait and they should use restaurants and bathrooms aboard the Queen Mary. MediaNews Group/Long Beach Press-Telegram via Getty Images | MediaNews Group | Getty Images Carnival Cruise…

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Covid-19 vaccination, testing proof should only be ‘temporary’ travel requirements, IATA says

In this photo illustration, a message saying “COVID-19 PCR test result has been verified, of Travel Pass app mobile application by IATA (International Air Transport Association) seen displayed on a smartphone screen in front of IATA logo. Pavlo Gonchar | LightRocket | Getty Images Travel restrictions that require proof of Covid-19 vaccines or negative tests should be lifted once the pandemic is under control, the new head of the International Air Transport Association said Wednesday. “These are measures that may be necessary as temporary arrangements while we go through this…

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Monetary Policy in America Is a Mess. Things Are Even Worse in Europe.

High inflation takes off where political forces are too strong to permit the implementation of harsh remedial measures with respect to taxation and monetary policy such as to prevent an implosion of the national currency. In the contemporary global financial marketplace, there has been fluctuating concern about the US heading toward this point, albeit at a highly uncertain date, as evidenced by waves of attack last spring, summer, and autumn on the US dollar. In reality, though, the long-run inflation threat level is higher in Europe than the US.  Any substantial European…

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Decentralization Is a Step toward Self-Determination

Ludwig von Mises understood that locally based governance “follows necessarily from the principle of the rights of man.” And it’s why Rothbard supported secession and local governance right down to the most local level possible.  Original Article: “Decentralization Is a Step toward Self-Determination” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.   Source link

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Why Beijing Wants a Digital Yuan

The Chinese regime hopes it can use a digital yuan to challenge the supremacy of the US dollar. That brings a host of geopolitical advantages, as well.  Original Article: “Why Beijing Wants a Digital Yuan​” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.   Source link

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How to book a private flight? Mobile apps do the job

Gone are the days when booking a private jet required a long conversation on the phone. Now, mobile apps let flyers book charter flights in a matter of minutes. Major players in private aviation, as well as emerging competitors, now have apps. Many follow a similar process: Customers choose where they’re coming from and their destination, select dates and their preferred plane size. Private aviation company Sentient Jet, which is mainly focused on trips in the U.S., saw $50 million in bookings through its app in 2020 alone, with more…

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Chinese travel site Trip.com files for Hong Kong secondary listing

Trip.com has filed for a secondary listing in Hong Kong. The Chinese travel booking site is already listed on the Nasdaq in the U.S. Rafael Henrique | SOPA Images | LightRocket | Getty Images GUANGZHOU, China — Chinese travel booking site Trip.com has filed for a secondary listing in Hong Kong, following other high profile names like Alibaba and Baidu, to raise money in the financial hub. Trip.com, which is currently listed on the Nasdaq in the U.S., did not disclose the number of shares it will issue nor the…

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Vaccines are Singapore’s priority but are not silver bullets, minister says

SINGAPORE — Singapore needs a “suite of measures” beyond Covid vaccinations in order to open up its economy and allow international travel, said S Iswaran, the country’s minister for communications and information. Some of those measures may include testing for Covid-19, he told CNBC’s “Squawk Box Asia” on Tuesday, as part of World Economic Forum Global Technology Governance Summit.   “The way we see it, this has to be a suite of measures. Vaccinations are essential but they are not silver bullets,” he said. “We need that to be complemented by…

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