Each economic crisis brought on by loose money brings on a “solution” of...looser money. This pattern is not just a threat to ...

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 ...

Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

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 ...

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 ...

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 ...