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 ...

“Sound money” is a term that often gets thrown around in economics discussions, but what does it really mean? In this article, we explore the concept of sound money, its historical context, its basic ...

Money acts as store of value, unit of account, and medium of exchange, facilitating trade. Fiat currency relies on public trust and economic conditions, unlike commodity money. Key money properties ...

This excerpt from A Progressive’s Case for Bitcoin: New Revised Updated Edition explores how Bitcoin fulfills every core function and property of good money—revealing why it’s the best form of money ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

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 ...