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Paying in a Broken World

July 31, 2015

Paying in a Broken World It is a common reaction to ask, how much is that, when we see something we want or need. The question is answered with some monetary figure that people will recognize and use to determine if they can afford it. But what happens when the monetary system we know becomes so […]

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Euro-sclerosis

May 30, 2015

Euro-sclerosis There appears to be little or nothing in the monetarists’ handbook to enable them to assess the risk of a loss of confidence in the purchasing power of a paper currency. Furthermore, since today’s macroeconomists have chosen to deny Say’s Law1, otherwise known as the laws of the markets, they have little hope of […]

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The End Is Near, Part 1: The “War On Cash”

April 26, 2015

The End Is Near, Part 1: The “War On Cash” As the saying goes, you can know a person by the quality of his or her enemies. This is also true of societies, where moral evolution can be traced by simply listing the things on which they declare war. Not so long ago, for instance, […]

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The “War on Cash” in 10 Spine-Chilling Quotes

April 26, 2015

The “War on Cash” in 10 Spine-Chilling Quotes The war on cash is escalating. As Mises’ Jo Salerno reports, the latest combatant to join the fray is JP Morgan Chase, the largest bank in the U.S., which recently enacted a policy restricting the use of cash in selected markets; bans cash payments for credit cards, […]

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