Will a New BRICS Currency Change Anything? Maybe

Tags: Central Banks, Global Economy, Protectionism and Free Trade, War and Foreign Policy

05/20/2023 Mises Daily Jon Wolfenbarger

As the US government debases the dollar, other nations take notice and possibilities increase that another currency based on sound principles might emerge.

Original Article: "Will a New BRICS Currency Change Anything? Maybe"

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Subscribe to Mises Daily

Latest Articles

Freedom of Contract and Property Rights

04/27/2024 Mises Wire Wanjiru Njoya

The classical liberal defense of contractual freedom is derived from the principle of individual autonomy. Freedom of contract entails the right to enter into or exit from contracts at will. As...

Economic Education Has Become Economic Disinformation

04/27/2024 Mises Wire Per Bylund

Modern economics is in terrible shape. But economics education appears to be worse still. This becomes clear when discussing basic economics with those who have taken courses in the field. Rather than...

What’s Wrong With Biden’s Housing Tax Credit?

04/27/2024 Power & Market Laurence M. Vance

In his state of the union address, President Biden expressed his desire for a $400 a month tax credit over two years for first time home buyers. I have argued for years that tax credits are a good...

Central Banks Are Wrong about Rate Cuts

04/27/2024 Mises Wire Daniel Lacalle

When we talk about monetary policy, people do not understand the importance of interest rates reflecting the reality of inflation and risk. Interest rates are the price of risk and manipulating them...

Help Us Publish These Three New Books

04/26/2024 Mises Wire Mises Institute

Please consider helping us publish these three new books: The World at War, Full Reserve Banking vs. Real Bills Doctrine, and Austrian Business Cycle Theory: an Introduction. Everyone giving $500 or...

Meet the Writer

Jon Wolfenbarger

Jon Wolfenbarger is Founder and CEO of Bull And Bear Profits, an investment website. Send him email.

The Fed Has Busted Housing Bubble 2.0

03/01/2024 Power & Market Jon Wolfenbarger

As Austrian Business Cycle Theory explains, big-ticket capital expenditures are heaving influenced by interest rates, as we discussed here. Since housing is a big-ticket capital expenditure, demand...

It’s Time to Bust the Myth of Fed Omnipotence

12/16/2023 Jon Wolfenbarger

One of the biggest and most pervasive myths in modern-day economics is the myth of the omnipotence of the Federal Reserve.

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member