Monthly Archive: June 2025

Swiss interest rate cut to zero

2025-06-20

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2025-06-20

On 19 June 2025, the Swiss National Bank (SNB) cut its policy rate by 25 basis points to 0%, effective June 20th. The Bank said the move follows a sustained decline in inflation, which turned negative in May for the first time since 2021.

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Switzerland’s largest print newspaper to end

2025-06-20

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2025-06-20

The days of picking up copy of 20 Minutes (20 Minuten), a free Swiss print newspaper, from one of the many blue bins are numbered. Switzerland’s largest print newspaper will cease its physical edition and go online-only from the end of 2025 The move is less about failure than adaptation: far from being unprofitable, the […]

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Switzerland to bolster ailing armaments industry

2025-06-20

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2025-06-20

Switzerland has adopted a new procurement strategy to save the ailing Swiss defence industry from collapse. +Get the most important news from Switzerland in your inbox The strategy aims to procure the majority of armaments domestically and to invest more in domestic research. + Swiss neutrality harming defence industry The state government wrote in a press release on Friday about a "reorientation of defence policy".

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Why We Should Hate Hate Speech Laws

2025-06-20

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2025-06-20

In this week‘s Friday Philosophy, Dr. David Gordon reviews The Harm in Hate Speech by Jeremy Waldron and finds Waldron‘s arguments in favor of hate speech laws to be wanting. Instead, Dr. Gordon looks to Murray Rothbard's views on speech as a standard to emulate.

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Ted Cruz Really Wants a Really Expensive War

2025-06-20

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2025-06-20

The P&M crew talks about Ted Cruz's crusade for war and they take a look at this week's FOMC meeting at the Federal Reserve.

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Fed Left Rates Unchanged Amid Elevated Uncertainty

2025-06-20

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2025-06-20

The Fed left rates and the pace of QT unchanged as expected in Wednesday’s meeting. Powell’s opening statement was updated to reflect that uncertainty about the economic outlook has “diminished but remains elevated.” Powell emphasized that the Fed would maintain a data-dependent approach and isn’t in a hurry to cut rates, but left the door …

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The Dollar’s Death Is Greatly Exaggerated

2025-06-20

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2025-06-20

The narrative surrounding the "dollar's death" as the world's reserve currency has been on the rise recently. However, this happens whenever the dollar declines relative to other currencies. We previously wrote about the false claims of the "dollar's death" in 2023 (see here, here, and here). The recent decline in the dollar relative to other currencies is well within historical norms.

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Exploiting the Moral Unseen

2025-06-20

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2025-06-20

When politicians intervene in the economy, they often do it in the name of mitigating “greed” or “profiteering.” While they can pass laws regulating prices and the like, they cannot repeal economic laws. Instead, they can only make things worse.

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Frieden | MISES Original

2025-06-20

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2025-06-20

20. Juni 2025 – von Ludwig von Mises Im Folgenden lesen Sie den Abschnitt I.3. „Frieden“ aus dem 1927 erschienen Buch „Liberalismus“ von Ludwig von Mises (1881 – 1973). Es gibt edle Menschen, die den Krieg verabscheuen, weil er Tod und Wunden bringt.

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Exploiting the Moral Unseen

2025-06-20

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2025-06-20

When politicians intervene in the economy, they often do it in the name of mitigating “greed” or “profiteering.” While they can pass laws regulating prices and the like, they cannot repeal economic laws. Instead, they can only make things worse.

Read More »

Ted Cruz, Dispensationalism, and the State of Israel

2025-06-20

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2025-06-20

Ted Cruz’s politics aren’t just conservative, they’re theological. Jonathan Newman explores how dispensationalism shapes US loyalty to the state of Israel.

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2025-06-20 – Swiss balance of payments and international investment position

2025-06-20

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2025-06-20



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The Swiss mountain village that inspired a Nobel Prize and digital governance

2025-06-20

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2025-06-20

Törbel is a small Swiss mountain village that has attracted the attention of international scientists. Their findings on how mountain farmers utilise water and pastures are shaping the way science addresses collective digital resources today. In 1483, Swiss farmers who lived in a mountain village concluded a contract on water and pasture utilisation.

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ICYMI – Swiss National Bank cut interest rates by 25 basis points to 0%

2025-06-20

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2025-06-20

Swiss National Bank news from Thursday ICYMI:SNB brings back zero rates in June monetary policy decision, as expectedSNB chairman Schlegel: We are now on the verge of negative interest rate territorySNB chairman Schlegel: We don't take decision on negative interest rates lightlyThe cut comes as Swiss inflation turned int deflation in recent months, from 0.3% in February to -0.1% in May.

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Trump’s Use of His Standing Army

2025-06-19

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2025-06-19



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War, Peace, and the State

2025-06-19

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2025-06-19

Rothbard lays bare the truth: peace serves people, war serves the state.

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Are Bernie Sanders and AOC the New Keepers of the Secret?

2025-06-19

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2025-06-19

Bernie Sanders and Alexandria Ocasio-Cortez have toured the country calling for massive government takeover of the economy and other socialist initiatives. For socialists, Sanders and AOC have become the new “Keepers of the Secret” of making socialism viable.

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Are Bernie Sanders and AOC the New Keepers of the Secret?

2025-06-19

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2025-06-19

Bernie Sanders and Alexandria Ocasio-Cortez have toured the country calling for massive government takeover of the economy and other socialist initiatives. For socialists, Sanders and AOC have become the new “Keepers of the Secret” of making socialism viable.

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The Iranian History Ted Cruz Doesn’t Know

2025-06-19

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2025-06-19

Sen. Ted Cruz was recently interviewed by Tucker Carlson, with Cruz advocating “regime change” in Iran. However, Cruz doesn‘t know enough Iranian history to make any qualified judgment on Iran or its people.

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A “Great Thinker” at Work

2025-06-19

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2025-06-19

Mr. Milei fancies himself to be a great monetary theorist in the Austrian tradition. To illustrate his unrivalled brilliance here are two revealing exhibits.

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