China’s Renminbi Reserve Status

While the International Monetary Fund (IMF) is expected to give the renminbi (yuan) a political victory by including the Chinese currency in the list of reserve currencies, few in the West even understand what this means. Including the renminbi in … Continue reading

Latest Posts

What Kind of Government is Better?

QUESTION: Martin:  You write “Republics are the worst form of government, for every representative can be bribed.” ^That^ translates into “Republics are the worst form of government when every representative [...]
Read more