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Blockchain technology might be useful in forcing banks to be more transparent in how they handle reserves.
Bureaucracy and Regulation
Like new money, knowledge spreads unevenly through the economy in a kind of Cantillon effect. Here's what that means for different market actors
The US benefits in no way from a war with Russia. Fortunately, many Americans are less than enthusiastic.
Money and Banks
"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.
As much as we may wish to substitute government edicts for markets, the fact is no amount of government control can overturn the realities of economic law.
If a politician has no clue about what causes price inflation, she probably isn't going to have any idea about how to fix the problem.
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.