What's behind the currency war?

Antony P. Mueller writes:
"... In a wider historical perspective, the current currency war is the latest conflict in a series of acute crises of the modern international monetary system. In a world of national monetary regimes based on fiat money without physical anchors, domestic monetary instability automatically transforms into exchange-rate instability. As before, the current crisis of the international economic order is mainly the result of monetary fragilities coming from the unsound national monetary systems and reckless domestic monetary and fiscal policies..."
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American Constitution

"Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other."

John Adams

Praxeologia versus positivismo

"Parece que o paradigma predominante da metodologia científica nas ciências sociais tem pouco a ver com a realidade da nossa vida social, a prática política e a administração pública. Parece que os próprios universitários, políticos e administradores não se dão conta dessa conexão. Mas na verdade o uso do certo modelo epistemológico mostra-se crucial para os resultados gerados por uma pesquisa, bem como para a maneira como se pratica política e para a forma da administração pública. Ainda mais: uma sociedade livre não pode emergir quando domina uma epistemologia que elimina a ação humana...."
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http://www.ordemlivre.org/textos/1228

The Lord(s) of Money

“Permit me to issue and control the money of a nation and I care not who makes its laws”.
Mayer Amschel Rothschild

The best and the worst of times

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to heaven, we were all going direct the other way - in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only.”

       Charles Dickens, English novelist (1812 - 1870)