Forbes contributors publish independent expert analyses and insights. A few years ago I wrote a piece, for Public Discourse, called “Montesquieu and the Monetary System.” It discussed our having fiat ...

Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

Compare barter and currency systems. Discover why currency dominates modern trade and explore the evolution of digital ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...

2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...

Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...

Central banks have been buying gold at record levels. A gold standard limits government growth and promotes economic growth. A return to a gold standard could address the negative impacts of a fiat ...

Technology is reshaping capital flows and currency dominance; data integrity is essential for financial stability Technology is poised to shake up the international monetary and financial system. How ...

The current dysfunctional monetary system 1) causes environmental degradation and 2) its reform will allow a substantial contribution to climate finance. There exists a strong correlation between the ...

I helped the director of Finding the Money on an Australian tour in March 2024. I have no financial stake in the film, however. This article is part one of The Conversation’s “Business Basics” series ...