Topic: CATO Institute
‘Privatizing’ money: Interest grows in private, money-like products
We all think we know what money is, but economists have many different definitions of money (e.g., M1, M2, M4, and others) – and the problem is getting worse. Is the U.S. paper dollar you have in your wallet money?
Billions could drain from Cayman entities as Trump is elected
Billions of dollars held by U.S. multinationals in Cayman entities could be repatriated to the United States, if president-elect Donald Trump’s tax plans come to fruition. During the election campaign, most of Mr. Trump’s policy plans were a black box.
