This has been written so much better in thousands of articles on the web (including GP). Wasn’t going to write this one but have included it for completeness. Very short and to the many points. [more…]
Mention the term “legal tender” in polite company and most people will resemble a deer in the headlights. In simple terms legal tender laws grant monopoly status to money, usually fiat, produced by government; i.e., [more…]
I have written on the subject of currency debasement many times, but it is now reaching crunch-time – even for the pound, dollar, yen and euro. Most respected economists persist in defining inflation as a [more…]
It’s no secret that governments and central planners of all stripes have long detested the rise of private money and independent digital currencies. They have tried to stifle the burgeoning crypto industry from the moment [more…]
I have long thought about and written about the incredible opportunities that decentralized digital technologies have brought forward, especially when it comes to solving financial and monetary problems. The more these technologies and their applications [more…]
Let me make something clear at the outset of this article. I am a bitcoin supporter, I own bitcoin & the concept is brilliant & I have supported & observed it for years. Glad I [more…]
The huge economic harm caused by Covid-19 is seen and experienced clearly and directly on a daily basis. Less obvious is the damage wrought in every welfare-driven democracy whose government finds itself in the dual-role [more…]
As a a professional research economist my first contact with crypto currency came with my ever increasing commitment to Austrian School economics over a decade ago. Always a free marketeer in the traditional classical liberal mode [more…]
I have never been a fan of Bitcoin (“BTC”). Of course you would have made a fortune if you had purchased some back when it was first invented in 2008 and released as open source [more…]
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