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Legal Tender

Economics

Eliminating Legal Tender Laws: A First Step to Sound Money and Financial Truth

10th January 2022 Patrick Barron 4456 Comments

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…]

Economics

Why governments practise currency debasement – and how to cure them

3rd January 2022 Emile Woolf 3721 Comments

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…]

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