Free Market
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X @Bloomberg
Bloomberg· 2026-03-02 11:10
As Chile prepares to swear in its most radical free-market government in decades. Many analysts and traders can’t drag their attention away from the US and Iran. https://t.co/ELO5AhFkHJ ...
X @Nick Szabo
Nick Szabo· 2026-02-18 00:26
RT Connor Boyack 📚 (@cboyack)New York City's socialist mayor Zohran Mamdani has now proposed making all city buses fare-free.The cost: $800 million per year. The funding source? TBD. Which in govt. speak means: you.It's the socialist playbook in its purest form:Step 1: Promise something "free"Step 2: Find out it costs hundreds of millionsStep 3: Demand someone else pay for itStep 4: When it fails, blame capitalismHere's what a free market approach looks like: if bus transit is so valuable, riders will pay f ...
EXCLUSIVE: Taxed Without Consent — American Small Business Sues to Break Trump's Tariff Grip
Yahoo Finance· 2026-02-15 13:02
Core Insights - The economic impact of President Trump's import tariff policies has significantly increased costs for companies like Detroit Axle, with tariff bills on $1 million of imports rising from $25,000 to $725,000, marking a 70% increase [1][2] - The CEO of Detroit Axle, Mike Musheinesh, faced a $700,000 increase in cost per shipment, leading to financial pressure but avoiding layoffs [2] - To mitigate the financial strain, the company implemented cost controls and efficiencies, but ultimately had to raise product prices, affecting profitability [3] Legal and Market Context - Musheinesh has initiated a lawsuit challenging the Trump administration's authority to impose tariffs via executive order and the removal of the de minimis exemption, joining other corporations like Costco and Target in similar legal actions [5][6] - The lawsuit emphasizes the principles of free market and constitutional rights, with Musheinesh asserting the need to fight government actions that undermine market principles [7] - The U.S. Treasury reported that tariff collections reached approximately $29 billion in January 2026, which is three times higher than the previous year, although it represents a slight decrease from the peak in October 2025 due to specific exemptions and trade agreements [8] Business Environment - Companies like Detroit Axle are operating under uncertainty as they continue to face multi-million dollar tariff costs while the legality of these tariffs is being contested [9]
Why Is Donald Trump The Only Villain In Jerome Powell's Investigation?
Forbes· 2026-01-18 15:21
Group 1 - The article discusses the implications of Donald Trump's desire to influence Federal Reserve interest rate decisions upon his potential re-election, highlighting the absurdity of central planning in economic policy [2][4][5] - It critiques the academic economists who mock Trump's ambitions while simultaneously claiming expertise in economic management, suggesting that both sides exhibit a misunderstanding of market dynamics [3][4][6] - The commentary emphasizes that Trump's political pressure on the Federal Reserve could lead to detrimental economic policies, such as pushing for easy money to stimulate growth, which is a common criticism of his approach [5][6] Group 2 - The article notes that despite the criticism of Trump's proposed price controls on credit cards, similar principles apply to the Federal Reserve's interest rate policies, indicating that market forces will ultimately prevail regardless of government intervention [7] - It points out the hypocrisy in the reactions of economists and commentators who supported Jerome Powell's nomination by Trump, questioning their current outrage over Trump's influence on the Fed [6][7] - The piece concludes that the ongoing debate about Trump's influence on the Federal Reserve may not significantly impact the market, as economic realities will dictate outcomes regardless of political pressures [7]
Will Trump's Credit Card Rate Cap Work?
From The Desk Of Anthony Pompliano· 2026-01-18 02:31
President Trump announced plans to cap credit card interest rates at 10%. Is this a good idea. Now, the first thing you got to go and you got to look at is are interest rates high on credit cards.Absolutely. It's somewhere between 20 to 24%. Now, the reason why it's 20 to 24% is that the credit card game is actually highly competitive.People are constantly trying to figure out how do I underwrite the risk by lending money to these people. If I can figure out a way to lend them money at a lower rate, that me ...
Stablecoins, Regulation, Mining And 2026 Outlook
ARK Invest· 2026-01-08 11:00
Welcome to FYI, the four-year innovation podcast. This show offers an intellectual discussion on technologically enabled disruption because investing in innovation starts with understanding it. To learn more, visit ark-invest.com. Ark Invest is a registered investment adviser focused on investing in disruptive innovation. This podcast is forformational purposes only and should not be relied upon as a basis for investment decisions. It does not constitute either explicitly or implicitly any provision of serv ...
Here's how much the world's richest people made in 2025
Yahoo Finance· 2026-01-02 17:03
Core Insights - The world's 500 wealthiest individuals experienced a record increase in their fortunes, totaling $2.2 trillion in 2025, bringing their combined net worth to nearly $12 trillion, driven by gains in stocks, cryptocurrencies, and commodities [1] Group 1: Wealth Growth and Key Contributors - Big Tech companies significantly contributed to the wealth increase, with eight individuals accounting for about a quarter of the index's gains, predominantly from the tech sector [2] - Elon Musk maintained his position as the richest individual, with a net worth of nearly $623 billion, reflecting an increase of over $190 billion despite challenges faced by Tesla [3] - Larry Ellison briefly surpassed Musk as the world's richest man due to a surge in Oracle's share price, which increased by around 25% in September, following a major contract announcement [4] Group 2: Political and Market Influences - Donald Trump and his family's net worth rose to $6.8 billion, with a notable increase of $282 million, largely attributed to ventures in real estate, social media, and financial services [5] - The S&P 500 Index saw a 17% annual increase, while international markets outperformed it, with the U.K.'s FTSE 100 and Hong Kong's Hang Seng gaining 22% and 27%, respectively [6] Group 3: Commodities and Safe Haven Assets - Precious metals had a standout year, with significant investments in safe haven assets like gold and silver, alongside high demand for copper and rare earths essential for green energy production [7]
X @Forbes
Forbes· 2025-12-18 14:46
.@SteveForbesCEO celebrates the shift in Latin America to pro-democracy and pro-free market leaders, but warns that the IMF, whose routine economic prescriptions are primarily higher taxes and currency devaluations, are toxic to this positive geopolitical shift. #WhatsAhead https://t.co/CwxjszROJY ...
Desperate! Trump begs billionaire to literally buy CNN for him as high prices doom second term
MSNBC· 2025-12-10 00:48
And the top story in politics is how affordability, high prices, and economic pain are shaping voters priorities, including powering that Democratic sweep in last month's elections. President Trump noticed he's responding tonight speaking in Pennsylvania on a tour that has been touted as his sort of response to voters concerns. And we have a view from Mount Pocono, Pennsylvania.Von Hillard will be reporting for us there shortly. You're looking at part of that tour. Trump's planned speech is also an implicit ...
X @Nick Szabo
Nick Szabo· 2025-11-20 02:55
RT The Atlas Society (@TheAtlasSociety)Free the market, and the results speak for themselves. https://t.co/vcNJ57zGSM ...