Will Dollarization Work in Argentina?
Javier Milei has promised to make the US dollar Argentina's currency if he is elected. Whether it will help the Argentine economy is another matter.
Javier Milei has promised to make the US dollar Argentina's currency if he is elected. Whether it will help the Argentine economy is another matter.
Although there has been excitement and fanfare over the recent BRICS meetings and proclamations, it is doubtful that these economies’ performance can match their rhetoric.
On this episode of Radio Rothbard, Ryan and Tho talk about the Chinese economy.
Peter St. Onge joins Bob to discuss the contrast in leadership between Xi Jinping and Deng Xiaoping, the dollar as global reserve currency, the Belt and Road Initiative, and Jim Rogers' prediction that the 21st century would belong to the Chinese empire.
China's authoritarian gerontocracy has built a Doom Loop with Chinese characteristics, with over half the economy now crashing.
On this episode of Radio Rothbard, Ryan and Tho are joined by Econ Bro, the founder of Nigerian Liberty, which offers seminars in Austrian economics in Nigeria.
The fiat US dollar is being imperiled by reckless actions by monetary authorities.
It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.
The fiat US dollar, while still the world's "reserve" currency, is being imperiled by reckless actions by monetary authorities. Other countries are taking notice—and action.
It's all in spite of enormous social spending, more than two trillion euros of stimulus, and the increase in population. Resorting to the old “it could have been worse” argument makes no sense.