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 ...

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

MINNEAPOLIS, Minn. – The massive and sprawling $1 billion welfare-fraud schemes engulfing Minnesota are now casting fresh scrutiny on an old, opaque money-transfer network used by Somali Americans to ...

This model may define the next generation of global finance, shaped by digital adoption, institutional evolution and ...

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 ...

China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum ...

Repo operations at the Fed on the last day of 2025 signal growing stress in the financial system, similar to the setup we saw ...

It would safeguard monetary stability, fend off private payment monopolies, and stand as a potent symbol of European unity The digital euro project has a simple motivation: to ensure that people in a ...

In an interview with Kitco News this week, Zang said, “When President Trump signed the Genius Act, he changed the global monetary system,” adding that she has no doubt that stable coins will usher in ...