Inflation

stack-of-gold-coin-on-black-background-stockpack-adobe-stock
Stack of Gold Coin on Black Background.
Stack of Gold Coin on Black Background.

The BRICs Go For Gold

After months of debate about various currency and commodity baskets, a Russia- and China-led consortium has apparently settled on using gold as the basis of a planned new international currency system separate from the US dollar and euro. Read More ›
spend-budget-money-hand-opens-the-tap-with-money-money-flows-stockpack-adobe-stock
Spend budget money. Hand opens the tap with money. money flows.
Spend budget money. Hand opens the tap with money. money flows.

A Limitless Limit

The National debt now stands $32 trillion, a literally incomprehensible number. President Biden and Speaker McCarthy have yet to engage in the meaningless ritual referred to in Washington D.C. as Federal Budget Negotiations, necessary to reach a compromise enabling the nation to increase its debt ceiling. Read More ›
printing-money-100-dollar-bills-stockpack-adobe-stock
Printing money  - 100 dollar bills
Printing money - 100 dollar bills

What Is “M2,” And Why Should We Care About It?

Of the various “monetary aggregates” (at one point, I think over thirteen were identified), “M2” is perhaps the most commonly referenced. It is supposedly important. But why? To answer that, we have to first figure out what it is. Read More ›
printing-money-100-dollar-bills-stockpack-adobe-stock
Printing money  - 100 dollar bills
Printing money - 100 dollar bills

The Student Loan Party

President Joe Biden is poised to forgive $10,000 in student loan debt for borrowers who earn less than $150,000 per year, or $300,000 per couple, according to multiple news reports. Read More ›
location-turkey-red-pin-on-the-map-stockpack-adobe-stock
Location Turkey. Red pin on the map.
Location Turkey. Red pin on the map.

What’s Wrong With Turkey?

Unfortunately, Turkey has a long history of currency failure, so it would be no surprise if the country were to stack up some new failures today. But, it doesn’t have to be that way. In the past, mostly before 1970, the Turkish lira had long stretches of reliability, and perhaps Turkey will aspire to greatness again. Read More ›
sunset-view-of-airplane-on-airport-runway-under-dramatic-sky-in-hobarttasmania-australia-aviation-technology-and-world-travel-concept-stockpack-adobe-stock
Sunset view of airplane on airport runway under dramatic sky in Hobart,Tasmania, Australia. Aviation technology and world travel concept.
Sunset view of airplane on airport runway under dramatic sky in Hobart,Tasmania, Australia. Aviation technology and world travel concept.

Air Travel Safety Soars

How do we get cheaper and safer flights at the same time? Because we learn more from every flight. More passengers means more knowledge and more knowledge means more safety. Wealth is knowledge and we’re discovering and creating knowledge at faster and faster rates. Read More ›

Interview With Dmitriy Balkovskiy

Dmitriy Balkovskiy, a Russian businessman, published my first book Gold: The Once and Future Money (2007) in the Russian language. This worked well: Not long after, Russia’s largest television station, Channel One, sent a video crew to my house in Upstate New York to interview me for a big documentary on the world monetary system. Read More ›