What the Regime Will Do to Fight Private Digital Currencies
Thanks to vast regulatory powers, regimes have many tools and many advantages in propping up fiat currencies when faced with competition from other currencies.
Thanks to vast regulatory powers, regimes have many tools and many advantages in propping up fiat currencies when faced with competition from other currencies.
"I get the impression that these people … believe the threat of inflation pales in comparison to climate change and racial inequities."
Does free banking encourage fraud by tolerating fractional reserves? Here's a summary of the debate.
A general decline in prices is good news for wealth generators, since deflation means the economy is cleaning out its bubble-fueled, wealth-destroying activities.
Bob continues his series on Klaus Schwab, explaining the WEF’s plans for redesigning the world, and providing quotes from Schwab’s book on the fourth industrial revolution.
Bob starts a series looking into Klaus Schwab, founder of the World Economic Forum and, along with Prince Charles, proponent of the “Great Reset.”
Overall, at least 50 percent of the consumer price index in Japan appears to be government controlled, which is reflected in the significant growth of government spending on subsidies.
Bob Murphy provides the “intelligent layperson a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States.”
When we ask ourselves the question, “Can states survive without fiat currency?” the answer is clearly yes.
Legal tender laws create special privileges for government money. That kills true currency competition and favors the state's monopoly power.