Thursday, May 31st, 2012

Earlier we posted a reply, by Dr. Bob Murphy, to an NYT blog post by Dr. Paul Krugman, wherein Murphy criticized Krugman's interpretation of certain statistics and used work by Dr. Steven Horwitz to buttress his argument. Here Dr. Joseph Salerno takes issue with Dr. Horwitz' conclusions, and adds his thoughts to the matter.

Thursday, May 24th, 2012

"Collectively, the central bankers of the world might agree that they do not want gold to be remonetized. Individually, it is in their interest to defect from this consensus. As the American Century decays, individual motivations tend to become more prominent. You and I are not in a free market - but the central banks are."

Wednesday, May 23rd, 2012

The current financial crisis, may progress to a phase where people demand and hoard dollar bills but take electronic deposit credits only at a discount which increases until electronic deposit credits are repudiated entirely. 

Thursday, May 17th, 2012

Feel like your wages are buying less in real terms? They are

Tuesday, May 15th, 2012
In an April speech in Berlin, Dr. Andreas Dombret, a member of the Executive Board of the Deutsche Bundesbank (the German central bank), offered a startlingly frank assessment of the current problems in Europe.
Friday, April 27th, 2012

The GFC is falsely named, since it is more accurately described as a global monetary war with the USGovt vigorously defending its franchise in the USDollar for crude oil and trade settlement, and for bank reserves management. 

Wednesday, April 25th, 2012

Gold-based currency boards could transform Professor Mundell’s prediction into a reality. Currency boards have existed in more than 70 countries and a number are still in operation today.

Tuesday, April 24th, 2012

Note to the Federal Government: Champagne bubbles are good. The bubbles you've been giving us? Not so much.

Friday, April 6th, 2012

The Federal Reserve prints so much money that since it opened its doors in 1914, the dollar has lost more than 90 percent of its value.

Friday, March 30th, 2012
We hear all about the fading middle class, but the fading UPPER class? It seems like the only class doing well is the Political Devin Roundtree
Sunday, March 25th, 2012

"To return to sound money, we need to return to the monetary system our founders intended."

Thursday, March 22nd, 2012

"Bernanke, give these people air!"

by John DeFeo Ron Paul has staked his presidential hopes on a few key issues, among the most prominent being monetary policy.
Friday, March 16th, 2012

I'm not sure it's possible that this will ever get old.

by Tyler Durden from ZeroHedge
Monday, February 13th, 2012

There's long been debate on the role of an elastic money supply in achieving monetary equilibrium in a free market.