Christine Lagarde and the Privatization of Currency

In a recent speech in Portugal, Christine Lagarde—the president of the European Central Bank (ECB)—warned against the emergence of stablecoins, stating that they could lead to the creation of “new private currencies.” These stablecoins, which are tokens backed by fiat currencies, pose a significant risk to both the sovereignty of nations and the “common good” of currency. She therefore calls for them to be regulated at a global level.

Erik von Kuehnelt-Leddihn Born 116 Years Ago

116 years ago, Erik von Kuehnelt-Leddihn was born in Tobelbad, Styria, Austria-Hungary. Born to Austrian nobility, he’s a fascinating figure of the 20th century. A staunch Catholic and a proud monarchist, he referred to himself as a “conservative arch-liberal” or “extreme liberal.” Those that met him, on the other hand, often described him as one of the most brilliant men they had ever met.