Mises Daily

The War On Cash: Why Now?

Mises DailyJuly 29, 2015
Physical cash has long been problematic for governments because it allows people to avoid the banking system, which in turn can lead to tax avoidance and bank runs. It’s much easier to control an economy when all money must remain in banks...

Read more

If Spending Is Our Military Strategy, Our Strategy Is Bankrupt

Mises DailyJuly 28, 2015
For decades, American military strategy has amounted to little more than outspending all adversaries. Vietnam and Korea showed this strategy sometimes fails, although it often works as long as the money keeps flowing. But the financial good times won’t last forever...

Read more