Why Argentina Needs a 100%-Reserves Banking System

There have been criticisms against Javier Milei´s plan to install a 100% reserve banking system in Argentina. One of the fears is that in a 100% reserve banking system there would be price deflation which would be detrimental to the economy. I have written about the myth that falling prices are to be fought against with inflation of the money supply in my book “In Defense of Deflation” which has recently been recommended by Javier Milei on X.

The State of Israel Abandons Law and Morality in Its War on Gaza

Over and above industrial-scale mass murder of individual people—Israel is engaged in the eradication of Gazans as a People.

Inarguably, to condemn Israel’s industrial-scale campaign of slaughter and starvation in Gaza ought to be ethically straightforward. Basic really.

That Israel is committing the “the crime of all crimes” against the Palestinians of Gaza is not within the realm of opinion.

That the Global North is standing stock-still in the face of this well-documented holocaust is not in dispute.