Is the strength of U.S. sanctions due to U.S. dollar hegemony?

I often hear the idea that the U.S. dollar is the means by which the U.S. implements sanctions. And since the U.S. dollar pervades all corne...

A free market case for CBDC?

Central bank digital currency, or CBDC, is a form of highly-liquid digital debt that most governments have, till now, held back from issuing...

Getting up to monetary mischief

By Harcourt Romanticist [ source ] This post is dedicated to the protesters in Hong Kong. I am awed at how courageous they have been in the ...