According to Milei, who had just come to power in Argentina, it is his government’s moral obligation to close the Argentinian Central Bank. Setting aside...
For the past few years, people have been asking me, "why is the independence of central banks under threat from politics?" There are many reasons...
Governments have no interest in reducing inflation because they benefit from it. With inflation, tax receipts rise as most economies do not adjust taxation to...
The summit of the so-called BRICS (Brazil, Russia, India, China, and South Africa) has closed with an invitation to join the group extended to the...
Russia announced the successful pilot release of the digital ruble on August 15. According to the announcement, as the initial step, it will start selectively...
Interventionists always blame inflation on everything and anything except the only thing that makes aggregate prices rise: Issuing more units of currency than the real...
Margaret Thatcher said in the 1980s: “the state has no source of money other than the money people earn themselves. If the state wishes to...
