April 9, 2015 Reading Time: 2 minutes

Earlier today, George Selgin, Director of the Cato Institute’s Center for Monetary and Financial Alternatives announced the launch of the Center’s new blog, “Alt-M.”

We at the Sound Money Project are excited to continue to work with Dr. Selgin and his team to  raise awareness throughout the United States about the inherent problems of our current monetary system and offer sound money alternatives.


(Pictured from left to right: Johannes Schmidt, Sound Money Project; Lawrence White, CMFA; George Selgin, CMFA; William Luther, Sound Money Project)

Below you will find the introductory letter sent out by Dr. Selgin.


Dear Friends and Colleagues,

Cato’s Center for Monetary and Financial Alternatives is excited to announce the launch of the blog Alt-M: Ideas for an Alternative Monetary Future — which is “Definitely Not ‘Ben Bernanke’s Blog.”

A joint project of the Center and the organizers of Freebanking.org, for which I am serving as editor-in-chief, Alt-M will feature contributions from CMFA-affiliated scholars, guest bloggers, and yours truly.

The central premise of Alt-M is that no amount of tinkering with the current monetary system can even begin to address the more serious dangers of existing arrangements. Alt-M will make readers aware of the shortcomings of the Federal Reserve System and other conventional monetary arrangements. It will also encourage discussion of potentially superior alternatives, including free banking, commodity standards, strict monetary rules, currency boards, and cybercurrency. We guarantee, at the very least, that you’ll encounter ideas that you aren’t likely to come across in that “other” blog!

My CMFA colleagues and I hope this new project becomes a favorite resource for you. To get the latest content subscribe at Alt-M.org and join the conversation. You can also get updates via the Center’s recently launched social media, so be sure to follow us on Twitter @CatoCMFA and like us on Facebook at facebook.com/CatoCMFA.

For a Better Monetary Future,

George Selgin
Director, Center for Monetary and Financial Alternatives
Cato Institute

Johannes Schmidt

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