There is nothing wrong with trying to preserve one's capital in hard times, but the only real solution is to use one's capital to stop the present trends. In the long run, there is no way to profit from a destroyed America. There is no refuge from a collapse. There is no way to protect your assets, your home, your job, your family, your freedom. As Henry Hazlitt phrased it, "There is no safe hedge against inflation except to stop it." G. Edward Griffin, "The creature from Jekyll Island", 1994

Absolutely wonderful conversation with the 95-year old Thomas Sowell. Can't recommend it enough

Just finished watching Javier Milei's recent 4h30min podcast with Alejandro Fantino. This absolute madman brought a 6 page handwritten document with economics notes and was lecturing them live on air. Love him or hate him, no other president would do this, and we need more of it. Here depicted a part where he explains the Hume-Cantillon effect. According to his plan, Argentina should have close to 0% inflation mid 2026, which left the host speechless. Big if true, let's see!