Mises Wire

Ryan McMaken

If cryptocurrencies like bitcoin are being used as money, and if Carl Menger correctly tells us that money must have some kind of antecedent value, then as economists it becomes our job to discover what exactly is that antecedent value. 

John P. Cochran

The only real long run solution to Fed generated higher inflation, slower growth and instability is institutional reform that would support a bottom up movement driven by competition in currencies and eventually a market determined sound money.