Carl Menger: The Nature and Origin of Money

Carl Menger: The Nature and Origin of MoneyIn the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most obvious of these opportunities. In considering the goods he […]

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The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days

The Bitcoin Cash Halving Countdown - 50% Less Block Reward in 4 DaysThe Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop Inflation Rate Lower Than […]

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Federal Reserve Considers Creating a Separate Entity for Cash Injections

Federal Reserve Considers Creating a Separate Entity for Cash InjectionsWhile American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank will reduce interest rates to zero in […]

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Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society

It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference and history explains why. Also Read: IRS Agents Propose […]

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