US Money

Too much money is going to Ukraine. Here's your daily digest for 26 April 2023.

US Money
Photo by Alexander Mils / Unsplash
America’s Afghan Watchdog Says “You’re Gonna See Pilferage” Of Ukraine Aid
“That money is flowing like manna from the sky.”

Australia

Australian defence review plots pivot from armour to missiles
Long-range firepower must be urgently upgraded, the country’s biggest defence review in decades says.
Australia-wide Assessment: Climate Change Or Instrument Change?
This new analysis by Perth journalist and climate researcher Chris Gillham makes a mockery of claims by the Bureau that the transition from mercury thermometers to automatic weather stations has had no effect on temperatures, and so there is no need to transcribe or make public the parallel data.
RBA reforms risk creating economic policy vacuum
The question with the RBA reforms is whether the legitimate economic concerns of the public can - or should - manifest in monetary policy.

International

Palestinians: The Real Human Rights Violations
When Palestinians commit human rights violations against Palestinians, the European Union and the UN are beyond indifferent. It is only when Israel takes a decision to defend itself against terrorism that we hear their supposedly righteous cries. The
Warring parties in Sudan declare ceasefire
The Sudanese Army and the rival Rapid Support Forces have agreed to a 72-hour truce on Tuesday
The New Brazil Embraces the Post-American Order - The American Conservative
Celebrated by Biden and Western elites, anti-American leftist Lula has unsurprisingly moved Brazil much closer to China and Russia.

Business, Finance & Investment

How the Fed Rules and Inflates | Murray N. Rothbard
The role of commercial banks in money creation is made more clear by the fact the Fed& is primarily interested in creating demand deposits rather than cash. This creates a larger foundation on which commercial banks can pyramid a multiple creation of bank deposits, or “checkbook money.”
Is the Australian housing market truly at ‘high risk’?
While Australia’s property markets have been labelled as the second riskiest in the world, an expert offers arguments as to why the country’s housing market conditions are not as grim as depicted.
Barrenjoey issues its economic outlook – and it’s all a bit grim
Recently, our small-cap team listened to Barrenjoey Capital’s chief economist, Jo Masters, discuss the prospects for the Australian economy. In brief, Masters forecasts the economy to slow rapidly and unemployment to rise to five per cent, with a recession the most probable outcome. She also forese…

Culture

The Covid Crisis Was Man-Made ⋆ Brownstone Institute
If a few of the conditions or reactions had been different, Coronamania could have been averted. Instead, the Covid response was an epic fail
Tucker Carlson for president? | The Spectator Australia
This past weekend Tucker Carlson gave the keynote address at the Heritage Foundation’s Fiftieth Anniversary Summit and Gala. His speech wasn’t about his show on Fox, or the media or the industry…
What Happened in Hospitals During Covid?
Hospitals should be places you can trust to provide comfort and healing when you’re most vulnerable. But that trust may have been shattered by brutal Covid protocols that critics claim turned many hospitals into hellscapes of systematic medical…

Crypto & Blockchain

Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows
TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping, according to analytics website L2Beat. Arbitrum dominates the layer 2 scaling landscape by market share.
Easy Crypto - The world’s choice for crypto
The world’s favourite place to buy and sell Bitcoin and other cryptocurrencies. Delivery in less than 2 minutes, easiest order process, and we’re open 24/7.
Popular TV Host Tears Down Crypto: “It’s Still A Casino”
John William Oliver,popularly known for series Last Week Tonight, tore down crypto and their use cases in the latest episode.

Postscript

Diane Abbott and the deranged left
Abbott’s mad letter sums up everything that’s wrong with identity politics.

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