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CoordinationFree MarketsMonetary Policy
Commodity money isn't a government creation, as so many believe. It has a definite praxeological foundation.
Economic FreedomThe FedMonetary Policy
For all of the talk about "our democracy," there is a better way to protect the lives and property of people than just electing politicians. It is called sound money.
Free MarketsInflationMonetary Policy
When the Nixon administration ended the dollar's ties to gold, it was yet another sad chapter in the US government's abuse of its currency. And the government learned nothing.
Economic FreedomMonetary PolicyProperty RightsSocialism
Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.
KeynesMonetary PolicyFiscal Theory
Standard Keynesian theory posits that if the economy slows, government can revitalize it by increasing spending, which supposedly creates new demand. But government can't create something from nothing.
Financial MarketsInflationMonetary PolicyMonetary Theory
Adherents of MMT present their ideas in the form of a hydra. Shoot down one idea and another pops up that is just as preposterous. This is no accident.
InflationMonetary PolicyPrice Controls
Ireland has been "experimenting" with MMT and price controls. The results are predictable.
InflationMonetary PolicyGold Standard
Nickel is a base metal the government used to replace silver. Since then, the government has inflated so much that even nickel is too valuable for US coinage.
Central BanksInflationMonetary PolicyWar and Foreign Policy
Since the early 1960s, African nations have gained political independence from colonial powers, but the monetary colonialism of fiat money continues.