ECONOMICS

Authored by Bruce Wilds via Advancing Time,

All fiat currencies are no more than floating abstractions of value. Society has put its faith in fiat currency issued by governments. These government-issued currencies are not backed by a physical commodity, such as gold or silver, but rather by the promises from the government that issued it. A difficult question investors today face is determining which assets will appreciate most thus rising in value and which form to hold their (more…)

By Larry Avila of TruckingDive

Growing its private fleet is part of Dollar General’s overall strategy to reduce costs and gain more operational control of its supply chain by expanding its distribution network and relying less on third-party (more…)

Authored by George Ford Smith via The Mises Instititute,

It won’t be long before governments around the world, including the one in Washington, self-destruct.

Strong words, but anything less would be naïve.

As economist Herbert Stein once said, “If something cannot go on forever, it has a tendency to stop.” Case in point: fiat money political regimes. Interventionist economies of the West are in a fatal downward spiral, comparable to that of the Roman Empire in (more…)