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Nvidia Has Been Quite Relevant To Stocks, Which Means the Fed Can’t Be

Last Tuesday Nvidia shed over $279 billion in value. It was the biggest one-day paper loss for a corporation in the history of the stock market. As a CNN report put it, “only 27 companies on the planet are worth as much as Nvidia lost in value on Tuesday.” To which someone, somewhere will

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The CPI Is a Long Look Into the Distant Past

The main thing is that the problems with CPI extend well beyond the known demerits. Prices are at best a reflection of the actual inflation, which means CPI is a distant look back to what market participants already intuitively know, only for them to suffer government intervention on top of the initial devaluation error by governments lacking monetary price rules.

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A Prosperous TikTok Is the Ultimate National Security for the U.S.

“When goods don’t cross borders, soldiers will.” There’s no documented evidence that the great 19th century free thinker Frederic Bastiat penned or spoke the previous line, but it doesn’t really matter whether he did or didn’t. It really doesn’t even matter if Bastiat would have agreed with it or not, even though he likely

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