How the Dollar Became the World’s Top Global Currency
The dollar became the dominant global currency not so much because of its own merits, but because of the self-destruction of the pound sterling caused by the British state and central bank.
The dollar became the dominant global currency not so much because of its own merits, but because of the self-destruction of the pound sterling caused by the British state and central bank.
We’re supposed to go along with Green Energy schemes—as we did with masks, school lockdowns, and vaccinations to stop covid—because our government, media, and “public interest” groups insist that we “follow the science.”
The most popular measure of economic growth is GDP. However, GDP movement is driven by changes in the money supply, not real economic factors.
Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets.
Austrian economics is not dry theory. It helps us make sense of our world and shows that exchange and production have a place in our moral universe.
While the horrors of the transatlantic slave trade have been well documented, people other than slave traders and slaveholders benefitted from it, with some surprising results.
While the Fed and the Biden administration try to assure Americans that their banks are safe and secure, the numbers tell a different story.
President Biden's executive order to promote transgenderism on college campuses eviscerates long-held due process protections for accused students. This will not end well.
The real issue we face is not whether we should be in the red tribe or the blue tribe, but rather what will be the constituency for freedom.
We hear ad nauseum from political and media elites that the war in Ukraine is about preserving "our freedoms." Murray Rothbard had something to say about this sophistry.