Central Bank Digital Currencies: The Last Battle in the War on Cash
Sponsored by Dan Johnson and Randee Laskewitz.
Sponsored by Dan Johnson and Randee Laskewitz.
While the prospect of Javier Milei being elected president of Argentina is attractive, his plan to "dollarize" the Argentine economy will fall well short of hopes and expectations.
While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate.
The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.
While the prospect of Javier Milei being elected president of Argentina is attractive, his plan to "dollarize" the Argentine economy will fall well short of hopes and expectations.
While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate.
The Nigerian government should have seen the economic disaster the eNaira would cause. They didn’t, and chaos and rioting followed.
Matthew Mohlman and Tho discuss the need to build better alternatives to woke financial institutions, and the limit of political solutions to address the problem.
This year marks the sixtieth anniversary of Murray Rothbard’s classic work What Has Government Done to Our Money? We need your help getting it into the hands of a new generation.