Emerging-market currencies often suffer a as a result of their government's own profligacy. But the US is also actively trying to destabilize some currencies, and setting up a conflict that the US could ultimately lose.
With printing of the Continental notes in 1775, Webster feared people would think you could finance the Revolutionary War by printing paper money. We should have listened!
It is not possible to generate something out of nothing as suggested by Keynes and his many followers.
Jeff Deist and Saifedean Ammous discuss the crypto technology revolution and private money.
Historical experience does not appear to support the thesis of modern fractional-reserve free-banking theorists.
The Turkish lira collapse should have surprised no one. Yet, in this bubble-justifying market, it did.
Forget the IMF’s forecasts of Venezuela’s hyperinflation. They are a prime example of junk science.
Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.
That deflation is always and everywhere a bad thing is now an almost universal article of faith among mainstream economists and financial commentators.
The Bank of England apparently wants to incorporate blockchain technology and cryptocurrencies into the central bankers’ tool kit.
