Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...
Compare barter and currency systems. Discover why currency dominates modern trade and explore the evolution of digital ...
Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...
The modern monetary system, built on fiat money, has weak foundations similar to the Leaning Tower of Pisa, risking economic instability and collapse. Historical debasement practices, like those of ...
2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...
Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...
Central banks have been buying gold at record levels. A gold standard limits government growth and promotes economic growth. A return to a gold standard could address the negative impacts of a fiat ...
The head of China's central bank has called for a new international monetary system led by a few strong sovereign currencies, after decades of U.S. dollar dominance. "The development of the ...
In an interview with Kitco News this week, Zang said, “When President Trump signed the Genius Act, he changed the global monetary system,” adding that she has no doubt that stable coins will usher in ...
The current dysfunctional monetary system 1) causes environmental degradation and 2) its reform will allow a substantial contribution to climate finance. There exists a strong correlation between the ...
It would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unity The digital euro project has a simple motivation: to ensure that people in a ...
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