– February 26, 2014
Share:

Another brilliant piece by Judy Shelton: “As Ukrainians mourn their dead and vow to prosecute their recently deposed leader, the valor of those who died must now inspire others to build a new Ukraine worthy of their struggle and sacrifice. Democracy and a better future must be secured in pragmatic terms. Economic benefits must begin to flow in tandem with Ukraine’s nascent commitment to genuine self-government and responsibility.”

Sound money is an essential component of the economic system of a free society, “The most expedient way to establish a sound-money foundation—in keeping with Ukrainian aspirations for an independent nation capable of succeeding in the global economy—would be to initiate a currency board.”  To read her piece in the WSJ check:

 

A Currency Board for Ukraine

If the hryvnia succumbs to panic and meltdown, the opening for freedom may be squandered.

 

 

Alex Chafuen

Get notified of new articles from Alex Chafuen and AIER. SUBSCRIBE