Pacta Sunt Servanda (promises are made to be kept)

There are so many things happening right now, I don’t know how much I’ll be able to cover in this post, but let’s begin with the most fundamental principle in international law: Pacta Sunt Servanda. It’s Latin for “agreements must be kept,” which is one of the oldest moral and…

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Why does gold keep rising?

Less than a week after I was born, Nixon ended the Bretton Woods International Monetary System, whereby the dollar was backed by gold. Watch his speech televised on August 15, 1971, or read it here. Otherwise referred to as the “Nixon Shock Speech” or the “Bretton Woods Speech,” Nixon outlined…

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Peace Corps: The Pinnacle of the Democratic Party

“Too often we… enjoy the comfort of opinion without the discomfort of thought.”—John F. Kennedy I’m back! My boys are settled into college, and I’m still struggling with elbow tendinosis and SI joint pain. So I’ve had to quit the gym and stopped running for now. Instead, I’ve been walking…

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U.S. Treasuries: From Yang to Yin

“The world consists of Yin and Yang, and understanding this is crucial for anyone seeking to navigate life’s complexities.” Life is complicated. It seems that just when we think we’ve figured something out, the game changes. In Marketland, this usually starts with recency bias: a form of cognitive reasoning that…

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