Can Civilization Survive without Sound Money?
Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.
Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.
Philosopher Susan Neiman may be a leftist, but she recognizes the dangers of woke progressivism.
Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.
Elizabeth Warren blames lack of regulation for the latest banking crisis. But she believes that the easy money regime that is really causing the crisis is perfectly fine.
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity.
Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value.
From race to gender to nearly everything else, decisions about what is correct or incorrect are made according to politics. This is a recipe for social destruction.
Like the arsonist who then heroically fights the fire he set, the Fed is increasing its efforts to bail out banks both at home and abroad. This does not end well.
Many governments support continuing the Ukraine war, but ordinary people in Europe, America, and the developing world fear the war will bring economic disaster.
Politicians tout "bipartisanship"—that often just means one's pocket will be picked even more cleanly.