@CARLA⚡️ and the baby a smooth and speedy recovery. Hopefully it was just a scare and nothing more. Strength to the whole family @walker 💪🏽

US oil prices surge above $117/barrel as President Trump's 8 PM ET deadline approaches. Our models now suggest US CPI inflation will rise to 3.7% if current prices are sustained for ~7 more weeks. — The Kobeissi Letter

Today seems like a great day to remind us all that. The US Government is not the American public. The Iranian government is not the Iranian public.

GM 💜 In times of growing economic complexity and expanding government intervention, this question is more relevant than ever. Mises reframed markets: not engineered systems, but dynamic processes shaped by human action.

The people who just want to be left alone are not the bad guys.

In 1928, Ludwig von Mises wrote what would become one of the most prescient economic warnings in history. While politicians and bankers celebrated the roaring twenties, Mises systematically dismantled their fantasy of perpetual prosperity through cheap money. His essay "Monetary Stabilization and Cyclical Policy" reads like a blueprint for every boom-bust cycle we've witnessed since. Mises explained how central banks create artificial prosperity by lowering interest rates below their natural market level. Banks flood the economy with newly created credit, entrepreneurs launch projects that appear profitable only because of artificially cheap money, and everyone mistakes malinvestment for genuine wealth creation. The Austrian economist didn't mince words about where this leads. "Every boom must one day come to an end," he wrote, because the artificial stimulus cannot continue forever. When banks inevitably restrict credit expansion (or hyperinflation destroys the currency), the house of cards collapses. Projects that seemed profitable at 2% interest rates become disasters at 6% rates. What makes Mises's analysis devastating is how he anticipated modern central banking's favorite excuse. Policymakers always blame "speculators" or "external shocks" for crashes, never their own money printing. But Mises showed that crises are the inevitable result of credit expansion—not unfortunate accidents, but mathematical certainties. The Federal Reserve has engineered this exact cycle repeatedly since 1913: the 1929 crash, the 1970s stagflation, the dot-com bubble, the 2008 housing crash, and now our everything bubble. Each time, the same sequence unfolds exactly as Mises predicted nearly a century ago. 🔄⚡️

Michael Saylor's 'Strategy' buys 4,871 Bitcoin worth $330 million. How many did you buy?

Euler's identity is considered one of the most beautiful formulas in mathematics. It displays a profound connection between fundamental numbers π, e (the base of natural logarithms), and i (the imaginary unit).