We are currently amidst a currency war!

Putin counters Biden’s Currency War, putting Western Europe into a corner. We are already at war with Russia, it’s just not kinetic (yet). Time to de-escalate. These risks are nowhere near commensurate with the strategic significance of Ukraine for Americans. …

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Implications From The Fed’s Newly Published Paper On Digital Currency

by Keith Weiner of Monetary-Metals The Federal Reserve published Money and Payments: The U.S. Dollar in the Age of Digital Transformation, and solicits comments about its ideas for a central bank digital currency (CBDC). This is our extended commentary offered in response. Implications from the Federal Reserve’s Paper Our first comment …

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When Fiat Currency Stops Being Money

by Daniel Lacalle via Mises Most emerging and developed market currencies have devalued significantly relative to the United States dollar in 2021 despite the Federal Reserve’s aggressive monetary policy. Furthermore, emerging economies that have benefitted from rising commodity prices have also seen their currencies weaken despite …

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