What Is Legal Money? Before delving into the dangers of eliminating cash and mandating that all transactions be conducted by digital means, let us briefly discuss the legal aspects of money. In the United States, [more…]
Ursula Von der Leyen, Chief of the European Commission, complains bitterly that the Chinese are keeping the price of their electric cars artificially low by “giving their manufacturers huge state subsidies, and this is distorting [more…]
Thorsten Polleit’s recent essay, The Road to a Single Fiat World Currency, explains the dangers of the current trend in the West to eliminate cash and create a world fiat currency in the place of [more…]
The other evening my wife was watching Question Time on BBC 1. I wandered into the room and listened for 5 minutes, hearing panel members pontificating on what their respective political parties would do/are doing [more…]
For many months now Alasdair Macleod of Goldmoney.com has been writing about the efforts of a group of non-Western nations, led by Russian economist Sergey Glazyez, to establish a new settlement system for international trade. [more…]
By now even Treasury officials and central banks recognise that their practice of Quantitative Easing has run its course. In its contemporary form, QE began a dozen years ago as a temporary emergency measure enacted [more…]
Interview with Jeff Deist, President Mises Institute, Auburn, USA Division, friction and polarization have been on the rise in the West for at least a decade, but the escalation we saw during the “covid years” [more…]
A new monetary age is coming and sooner than anyone thinks. Since 1971 the world’s monetary system has been unanchored from anything of intrinsic value. In the fall of that year President Nixon took the [more…]
The Fascist Boogeyman awakes again The threat of a far-right takeover has been around for at least three decades in Europe and Italy has been one of the best “candidates” for the “beginning of the [more…]
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