Each economic crisis brought on by loose money brings on a “solution” of...looser money. This pattern is not just a threat to ...
Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...
Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...
THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the internationally ...
The quiet resurgence of the goldbugs, those who want to peg the value of the U.S. dollar to the price of gold, is emblematic of the fact that some lawmakers do not understand how the monetary system ...
This model may define the next generation of global finance, shaped by digital adoption, institutional evolution and ...
The modern monetary system, built on fiat money, has weak foundations similar to the Leaning Tower of Pisa, risking economic instability and collapse. Historical debasement practices, like those of ...
This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a ...
Among the first objections that arise for anyone who has just learned about Bitcoin is “this is too complicated to understand.” And it’s true; private keys, block times, difficulty adjustments, UTXOs, ...
On this day in 1914, Congress ceded the power of US money creation to banks. Today we SEED a new future of US Money for the people! May 18th is the 110th anniversary of the Federal Reserve Banks and ...
The Byzantine economy thrived in the Middle Ages, contrasting sharply with the decentralized system of Western feudalism.