Tag: central banks

The elite v. the people: Nigeria’s “cashless experiment”

December 14, 2023 | Post

A cashless society: the International Monetary Fund (IMF) calls it the future of money. The World Economic Forum (WEF) was enthusiastic about the concept way before it was cool. In the United States, the usual suspects such as the Brookings Institute and the New York Times ask our leaders to have the boldness and courage to follow this new path.

If you care about liberty, beware of CBDCs

December 11, 2023 | Post

In recent years, the concept of Central Bank Digital Currencies (CBDCs) has gained increasing traction across the globe, with proponents lauding the potential benefits of a digitized monetary system. 

However, when we explore the real-life implications of CBDCs, it becomes increasingly clear that the rush toward digital currencies controlled by central banks poses a significant threat to individual liberty.

Cash is not the enemy; central banks are

October 19, 2016 | Post

Are interest rates not prices? And if so, should they not be discovered instead of imposed?

Should America Kill the $100 Bill?

March 7, 2016 | Post

“Is Now the Time to Kill the $100 Bill?” That’s the title of a Wednesday, February 17 article in the Wall Street Journal, prompted in part by a blog post from former Secretary of the Treasury Lawrence H. Summers.The article states that the Treasury Department has no current plans to eliminate the $100 bill, so […]