Monetary Policy

Wednesday, August 22nd, 2012

Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump. Nonsense. Hungary’s recession results from its slumping money supply.

Wednesday, August 22nd, 2012

While some members of Congress and Republican presidential hopeful Mitt Romney want to label China a “currency manipulator,” little is said about the Federal Reserve’s role as an interest-rate manipulator.

Tuesday, August 21st, 2012

During the Cold War, national security analysts spoke knowingly about the art of "Kremlinology." This was a technique for understanding Soviet power relations and policy changes taking place inside the leadership compound in the Kremlin.

Monday, August 6th, 2012

As concerns over the U.S. dollar and the Federal Reserve continue to grow, U.S. lawmakers are exploring sound money, competing currencies, and the route to monetary freedom.

Thursday, May 31st, 2012

Bottom line: A roller coaster economy brought to you by Ben Bernanke by his first draining reserves and his then expanding them is the path we are on.

Monday, May 14th, 2012

Written Testimony before the Subcommittee on Domestic Monetary Policy and Technology Committee on Financial Services, US House of Representatives, May 8, 2012

Tuesday, March 27th, 2012

Expectations are a key concept in economics. If expectations are coordinated, then the economy is equilibrated and no accumulation of imbalances take place.

Wednesday, March 21st, 2012

Right now it's a race, and though it's hard to tell who's winning, it's obvious who's losing.

Submitted by Tyler Durden from ZeroHedge
Thursday, March 15th, 2012

The U.S. Federal Government is living on a teaser rate. It's time for the mortgage to adjust.

Monday, February 20th, 2012
The received wisdom in economic history places much of the blame for the Great Depression squarely on the shoulders of the gold standard.
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.

Monday, January 30th, 2012

Central bank policy is obscuring market values, Warsh tells Stanford audience.

By: Chris Powell, Secretary/Treasurer, GATA
Thursday, January 26th, 2012

The cost to America's economy, by destroying savings and price signals, is too great; the power of the Fed must be rolled back, then eliminated.

Thursday, December 22nd, 2011
As the world struggles to deleverage, with the market constantly forced to clear malinvestments of a continuous string of asset bubbles and crashes, central bankers continue their faith in the ancient tradition.
Monday, December 12th, 2011
The financial crisis in 2008, the uncertainty about the future of the Euro and the doubts on the efficiency of monetary policy has brought some renewed interest in the gold standard as an alternative monetary system; or, at least, as a benchmark to evaluate if central banks did actually performed be
Monday, December 5th, 2011

Libertarians, some Occupy supporters are among those calling for an end to the Federal Reserve