WELL, YES: Economic Freedom Falls in the United States, Global Report Shows.
The authors of the index recognize a key aspect of property rights is access to a currency that enables exchange. When government prevents access to solid currencies and engages in policies that cause the value of a national currency to fluctuate wildly, they are hampering access to sound money and impeding mutually beneficial exchange.
The authors measure money supply changes, inflation variables, and access to foreign currencies
The US is historically very high on this measure. The fact that the US dollar is the world’s reserve currency should tell us something about its soundness. In 2020 the sound money score fell from 9.75 to 9.63.
This may seem like a small change, but readers should note that this score is for 2020 — before massive inflation began.
As Glenn said yesterday, “These morons are doing serious lasting harm to America, and need to be stopped.”