The Peoples’ Bank of China has just announced a payment-versus-payment (PVP) system for Russian ruble and Chine
Since the 1928 Red Line Agreement between British and French and American oil majors to divide the oil riches of the post-World War I Middle East, petroleum or more precisely, control of petroleum has constituted the thin-red-line of modern geopol
It is safe to assume that most of the readers of Mises UK are not admirers of the Marxist historiographical school, and the defects and inadequacies of Marxian reconstructions of the past are by now well-known, even though a large percentage of ac
The 1944 Bretton Woods international monetary system as it has developed to the present is become, honestly said, the greatest hindrance to world peace and prosperity.
According to the Bundesbank, Germany has repatriated about 1,710 tons or more than half of its gold reserves sooner than planned. The size of its reserves ranks second in the world.
An operation that began as a seemingly obscure academic discussion three years ago is now becoming a full-blown propaganda campaign by some of the most powerful institutions in the industrialized world.
What is the purpose of money? Where does it come from? Inequality generates trade and specialisation creates the need for money .