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This article was originally published by Joshua Mawhorter at The Mises Institute.  Due to wartime inflation of bills of credit (“Continentals”) during the American War for Independence and the predictable economic effects, an old American colloquialism developed, “not worth a Continental” (although this phrase may have come about much later than the Revolutionary era). This article argues that Continentals only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.” (Additionally, interventions such as legal tender laws and the acceptance of paper money for tax payments may have offered some temporary support, but…

The U.S. Space Force’s new service dress uniform made its official debut on Dec. 18, when the service’s latest crop of basic training graduates donned the attire.The ceremony, held at Joint Base San Antonio-Lackland, Texas, marks the first time trainees were authorized to wear the service dress uniform instead of prototypes. “Graduates completed BMT wearing the Space Force service dress uniform, symbolizing the service’s distinct identity while standing shoulder to shoulder with their United States Air Force teammates,” Chief Master Sergeant of the Space Force John F. Bentivegna wrote in a Dec. 19 Facebook post following the ceremony.The new uniform…

A U.S. soldier participating in a clinical trial at Walter Reed National Military Medical Center is testing a neural-enabled prosthetic arm designed to restore the sense of touch through nerve stimulation, the Maryland hospital recently announced.The concept for the device originated with Drs. Ranu Jung and James Abbas of the University of Arkansas, who are conducting a study and contacted Walter Reed to participate as a second site.“We created this prosthetic system to allow someone who uses a motorized prosthesis to feel what they are touching,” Abbas said in a release last month. “When someone has a standard motorized prosthesis,…

The United States is known for its sanctions that don’t accomplish anything. Now China is trying the same tactic. Beijing has sanctioned twenty U.S. defense firms over arms sales to Taiwan. Sanctions do little if anything to coerce countries into obeying and complying with threats. At the end of the day, most just say “no” and continue with business as usual, and unless force is used by the military, a decree by a ruler to another ruler isn’t impactful because they both think they have the right to decline. After constantly warning that Washington is “playing with fire” in continually…

Sign up for the On The Gun Newsletter The latest for gun hunters and competitive shooters. Surefire silencers are the most battle tested suppressors on earth — no other brand has seen as much combat. The company makes no bones about their primary focus being on our warfighters and law enforcement personnel, and their approach to product development reflects this. Their newest line of suppressors, announced earlier this month, is a fourth-gen iteration and currently consists of the SOCOM556-RC4, SOCOM556-MINI4, and the SOCOM6-MINI4. Prior to their launch, I spent a week running them at Hat Creek Training in Idaho, which…

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The United States airstrikes that targeted Islamic State group militants in northwestern Nigeria on Thursday marked a major escalation in an offensive that the West African’s overstretched military has struggled with for years.U.S. President Donald Trump said on social media that the “powerful and deadly” strikes in the state of Sokoto were carried out against IS gunmen who were “targeting and viciously killing, primarily, innocent Christians.” Residents and security analysts have said Nigeria’s security crisis affects both Christians, predominant in the south, and Muslims, who are the majority in the north.Nigeria, which is battling multiple armed groups, said the U.S.…

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Sign up for the Outdoor Life Newsletter Get the hottest outdoor news—plus a free month of onX Hunt Elite. This story, “Christmas Hasenpfeffer,” originally ran in the December 1963 issue of Outdoor Life. Some mornings are made for hound-dog music and this one in late December was as perfect for it as any I can remember. Snow covered the central Ohio countryside so that it resembled a wintry scene straight out of Currier & Ives. And it was cold enough to make a man appreciate his insulated boots and fur-lined mittens. But the scene, the cold, and the snow were…

This article was originally published by Tyler Durden at ZeroHedge.  President Trump telegraphed the move last month, warning that US military intervention in West Africa was certainly on the table after what he described as the mass killing of Christians by Islamic terrorists in Nigeria. Now, the president says the US military forces carried out powerful strikes against ISIS targets, framing the operation as a direct response to militants “viciously killing, primarily, innocent Christians.” “Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS Terrorist Scum in Northwest Nigeria, who have…

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