Why did Circle Internet Group stock surge?
How will Amazon’s AI plans affect jobs?
What impact will Nippon’s US Steel takeover have?
Why did Fed keep interest rates steady today?
How is Iran-Israel conflict affecting oil prices?
What are the effects of Trump’s tax bill on deficits?
Why are stablecoin regulations advancing in US Senate?
Sound Monetary Policy in Under 40 Words
mises.org/power-market/sound-monetary-policy-under-40-words
This will be brief, appropriate to the topic at hand. It consists of a quote from Milton Friedman, found in Joseph Salerno’s outstanding book, Money, Sound and Unsound, p. 356:
If a domestic money consists of a commodity, [such as] a pure gold standard or cowrie bead standard, the…
This story appeared on mises.org, 2025-06-18 07:03:05.