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BRICS: The Solvent-Not-Safe Middle Tier
Even modest debt ratios can mask real fragility
Jun 26
•
The Mont Pelerin Review
9
1
2
2% Inflation Targeting is Arbitrary and Accidental
But unfortunately, the US in no position to change it right now.
Jun 24
•
William Miller
16
8
8
Eight Countries With Strong Public Finances
Fiscal strength is engineered, not inherited. And the US has every tool but the will.
Jun 19
•
The Mont Pelerin Review
26
5
4
Japan Is Not The Counterexample
For decades, Japan has been trotted around as proof that high debt and wide deficits are costless. Now that's reversing, and treating it as a model for…
Jun 17
•
William Miller
19
10
Austerity, Done Right
How (and when) you cut matters more than how much
Jun 11
•
The Mont Pelerin Review
13
3
6
Why do we have fiat money?
Debt claims another empire
Jun 9
•
Peter Banks
30
11
11
The Pentagon's Blank Check
Waste, Weapons, and Washington
Jun 3
•
The Mont Pelerin Review
23
5
7
May 2026
"Unfortunately you're the grandchildren"
The debt-and-deficits sprint (and essay contest) now runs through July
May 29
•
William Miller
and
Peter Banks
22
3
6
14 "Ground Truths" on Debt & Deficits
A slow-moving structural crisis, buffered by powerful but impermanent advantages.
May 27
•
William Miller
,
Peter Banks
, and
The Mont Pelerin Review
75
37
21
The Boyd Institute has an intern!
Introducing Mont Pelerin Review, and his musings on 21st century liberalism
May 20
•
The Mont Pelerin Review
,
William Miller
, and
Peter Banks
35
6
9
Debt killed the Soviet Empire
"The [communists] will [borrow from] us the rope with which we will hang them."
May 15
•
Peter Banks
52
16
22
Why MMT is still dumb, and dangerous
Taking the comment section seriously
May 8
•
William Miller
16
5
6
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