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Why Governments Hate Currency Competition

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Tags Money and BanksGold Standard

07/10/2020Thorsten Polleit

There are some reasons to be optimistic about the future of free market money. On the other hand, the world's governments will fight true currency competition every step of the way.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: "Why Governments Hate Currency Competition".

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Author:

Thorsten Polleit

Dr. Thorsten Polleit is Chief Economist of Degussa and Honorary Professor at the University of Bayreuth. He also acts as an investment advisor.

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