The Bank for International Settlements, also known as BIS, is launching a full-scale attack on bitcoin. If you don’t know what the BIS is, you can think of it as the central bank of central banks. In a recent report, the BIS laid out its vision for the future of the monetary system.

With the ongoing war between Russia and Ukraine, many people are wondering how long the Russian economy can stay afloat. It’s been over three months since the beginning of the conflict.

There is a myth in mainstream economics that stable prices are necessary for the economy. The idea of price stability became popular in the 1920s, during a period known as the Roaring Twenties.

I recently talked to a friend who questioned the importance of inflation. He mentioned that inflation could be helpful in the event of a major crisis. He specifically talked about natural disasters.

Markets are tumbling across the board. Stocks, commodities, gold, bitcoin and other assets are all tanking. The S&P 500 had its worst-performing beginning of the year since 1939. We are officially in a bear market.

Over 70 years ago, economist F. A. Hayek published his book “The Road to Serfdom” in which he warned the world of the dangers of centralization and planned economies. Today, I revisit some of his warnings.

There has been growing concern about the sustainability of sovereign debt in the United States and around the world. While the United States has never directly defaulted on its debt, many people are wondering whether a US debt default might be on the horizon.

Cryptocurrency is a recent phenomenon that started around ten years ago. After Bitcoin was invented, several altcoins appeared on the scene including Namecoin and Litecoin. These altcoins promised improvements such as faster payments and scalability, and sometimes alternative use cases such as decentralizing existing internet services.

After Bitcoin was invented by Satoshi Nakamoto, many others decided to create their own variations of Bitcoin with minor or sometimes significant changes. Today, there are over 14,000 altcoins. This new market is often referred to as cryptocurrency market or simply crypto. There are different types of proponents in the industry.

I’m currently immersing myself in literature about the Great Depression and reading Benjamin Roth’s “The Great Depression: A Diary”. It’s like reading the mind of an investor that lived through the Great D