Will a New BRICS Currency Change Anything? Maybe
As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.
As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.
Mises had hoped that democracy would lead to free societies after World War II ended. He did not foresee the illiberal turn in the West in the last decade.
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 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.
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.
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.
Some on the progressive left are not satisfied with just trying to "save the planet." They want to eliminate the human race altogether.
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.