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June 21, 2025 • 11 mins

Today, David and Chip discuss the M2 money supply and its potential contraction, and the implications for the economy. Plus, the Supreme Court's decision granting DOGE expanded access to social security data, weighing the concerns about privacy against the goal of government efficiency. Finally, they examine America's "secret weapon" in its economic competition with China: rare earth minerals and the push to re-shore key industries.

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