Topic: International

Inflation, International, Monetary Policy, Sound Money

Argentina Agonistes: The Separation of Money and State

– November 29, 2023

“The Argentine peso has lost 93 percent of its value in just the past 4 years. Anyone who could carry out transactions using dollars always did so; holding pesos was little different from simply setting your wealth on fire.” ~Michael Munger

Central Banking, Economic Growth, International, Monetary Policy

Garbled Economics in the WSJ on Argentina Dollarization

– November 26, 2023

“Dollarization may not be the first-best solution for Argentina, though it’s hard to imagine it will be worse than hyperinflation.” ~Jason Sorens

Inflation, International, Monetary Policy, Sound Money Project

Hyperinflation and Dollarization: A Path to Economic Stability for Argentina

– November 25, 2023

“The risk of hyperinflation in Argentina does not arise from the intention to dollarize but from a central bank that appears incapable or unwilling to exercise restraint. Argentina’s historical record shows that central bank independence is absent.” ~Nicolas Cachanosky

Fiscal Policy, International, Monetary Policy, Socialism

Dollarization without Fiscal Prudence Is Not Possible. With Fiscal Prudence, It’s not Necessary.

– November 22, 2023

“Argentinean problems are first political, then fiscal, and then monetary, and they need to be solved in the same order.” ~Leonidas Zelmanovitz

Art and Culture, Authoritarianism, International, Technology

TikTok: Five Cuts

– November 21, 2023

“Americans already have a license to engage in free speech, in the form of the First Amendment. And if you are thinking that the United States has a long history of anonymous, public speech, you’re right.” ~James Harrigan

Art and Culture, Entrepreneurship, International, Leadership

Why Mr. Beast Is Under Fire for Bringing Clean Water to 500,000 Africans

– November 15, 2023

“This is the real reason Mr. Beast is taking so much heat. He’s showing the power of voluntary action and the miraculous power of the profit motive.” ~Jon Miltimore

Inflation, International, Monetary Policy, Socialism

Argentina’s Canary in the Coalmine

– October 28, 2023

“How can one compare the US to Argentina, which has suffered a century of political instability, and has been a darling of IMF case studies for the past 40 years?” ~Nikolai G. Wenzel and Valentina Yayi Morales

Economic Trends, Free Markets, International, Policy

Economic Freedom of the World: US Improves While Hong Kong Falls

– October 7, 2023

“As the US strives to enhance its economic freedom, the country would be wise to heed the lessons offered by Singapore’s rise and Hong Kong’s fall.” ~Vance Ginn

Central Banking, Currency, International, Monetary Policy, Sound Money Project

How Crazy Do You Have to Be to Support Dollarization?

– September 28, 2023

“The whole reason why it is an advantage for a developing country to tie to a major country is that historically speaking the internal policies of developing countries have been very bad. US policy has been bad, but their policies have been far worse.” ~Nicolás Cachanosky

Authoritarianism, Capitalism, Economic Growth, International

The Multiyear Decline in US Economic Freedom

– September 25, 2023

“In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are freer.” ~Richard Salsman

Central Banking, Currency, International, Monetary Policy

Is Dollarization a Mirage?

– September 18, 2023

“Dollarization would serve as a firewall, protecting the private sector from the fiscal policy fallout.” ~Nicolas Cachanosky

Central Banking, Currency, Financial Markets, International, Sound Money Project

Dollarization and the Lender of Last Resort

– September 11, 2023

“Typically, there is little risk of losing a lender of last resort in countries with troubled currencies that are considering dollarization because such countries don’t have a lender of last resort to lose.” ~ Nicolas Cachanosky