Pertinent Category: Sound Money Project

The Sound Money Project was founded in January 2009 to conduct research and promote awareness about monetary stability and financial privacy. The project is comprised of leading academics and practitioners in money, banking, and macroeconomics. It offers regular commentary and in-depth analysis on monetary policy, alternative monetary systems, financial markets regulation, cryptocurrencies, and the history of monetary and macroeconomic thought. For the latest on sound money issues, subscribe to our working paper series and follow along on Twitter or Facebook.

Advisory Board: Steve H. Hanke, Jerry L. Jordan, Lawrence H. White
Director: William J. Luther
Senior Fellows: Nicolás Cachanosky, Gerald P. DwyerJoshua R. Hendrickson, Thomas L. Hogan, Gerald P. O’Driscoll, Jr., Alexander W. Salter
Fellows: J.P. Koning

“Fed’s Fisher Against Any QE2 Expansion”

– January 13, 2011

“In interviews ahead of his speech, Fisher took a softer tone to the Fed’s current program, known as QE2. While he did not support it, Fisher said he was not eager to make any changes to the $75 billion per-month pace of purchases that is set to end in …

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Rep. Paul Ryan Mentions SMP During Interview

– January 12, 2011

On January 5th, 2010, Rep. Paul Ryan, House Budget Committee Chairman, during an interview with Hugh Hewitt, outlined his plans and strategies on how to curb government spending and other budgetary reforms.  He also addressed other policy challenges, i …

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Ralph Benko on Pro-Growth Policy and Sound Money — Forbes

– January 12, 2011

Paul Ryan:  “The Band Is Getting Back Together”  One might think that our political elite would catch a clue regarding prosperity as one of one of the key sources of Happiness, of the three key missions in America’s original charter along with Life and …

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“M&S Warns of Rising Inflation” – WSJ

– January 12, 2011

“Marks & Spencer Group PLC is facing the specter of rising inflation as it fights for market share in the fiercely competitive U.K. grocery and clothing market, just as the government’s austerity cuts start to bite. The U.K. high street bellwether …

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“New Move to Make Yuan a Global Currency” – WSJ

– January 12, 2011

“China has launched trading in its currency in the U.S. for the first time, an explicit endorsement by Beijing of the fast-growing market in the yuan and a significant step in the country’s plan to foster global trading in its currency. The state-contr …

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“Could the U.S. Central Bank Go Broke?”

– January 12, 2011

“While that day seems distant now, some economists and market analysts have even begun pondering the unthinkable: could the vaunted Fed, the world’s most powerful central bank, become insolvent? Almost by definition, the answer is no. As the monetary a …

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“Gold May Rise as European Sovereign-Debt Crisis Spurs Demand for a Haven”

– January 12, 2011

“Gold, little changed in London, may rise after a member of theFederal Reserve said the bank could pare back stimulus measures and Europe’s governments wrestled with the sovereign-debt crisis, boosting demand for a haven. Federal Reserve Bank of Philad …

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“Bernanke Rejects Bailouts” – WSJ

– January 12, 2011

“Mr. Bernanke played down the risk of a major municipal-bond crisis, noting that muni markets have been functioning normally, with healthy trading volumes and lots of issuance. But he said that if municipal defaults did become a problem, it would be in …

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Good piece by Bell and Danker on Forbes

– January 11, 2011

“Would-be reformers have tried to devise solutions designed in large part to avoid including gold, but none have caught fire or shown themselves to be as transparent and simple as the gold standard. The only real debate is between paper money and gold- …

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“ECB Intervenes As Debt Crisis Deepens” – Financial Times

– January 11, 2011

“The European Central Bank intervened to prop up the eurozone bond markets on Monday as political leaders and bankers warned the debt crisis was deepening amid fears Portugal was edging closer to an international bail-out. Although European Union offic …

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“ECB Gives Portugal Temporary Lifeline, Traders Say”

– January 11, 2011

“The European Central Bank threw Portugal a temporary lifeline on Monday by buying up its bonds, traders said, as market and peer pressure mounted for Lisbon to seek an international bailout soon. A senior euro zone source said on Sunday that Germany, …

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“U.K. Think Tank Sees 20% Chance of Euro’s Survival” – WSJ

– January 11, 2011

“Europe’s common currency, battered for more than a year by a sovereign debt crisis, is unlikely to survive the next decade in its current form, the Center for Economics and Business Research warned Friday. In a list of top 10 predictions for 2011, the …

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