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

“Eurozone inflation soars to new high”

– January 4, 2011

“Eurozone inflation rose in June to its highest since the bloc’s 1999 formation, data showed on Monday as political opposition mounted to an expected European Central Bank move to raise its main interest rate this week. Prices were 4 per cent higher in …

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“Dollar hits new high against greenback” – Australia

– January 3, 2011

“The Australian dollar reached the highest since the currency was freely floated in 1983 as US data spurred speculation global growth is gathering momentum, boosting demand for currencies with higher-yielding assets. The Aussie traded above parity with …

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“Rising Rates Reveal Debt Reality” – Pento

– January 3, 2011

“The Fed’s lucky streak of luring bond investors with low interest rates may be drawing to a close. Nevertheless, the extended period of low borrowing costs has bred a new breed of investor. To the bulls and bears, we can now add the ostriches – those …

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Second Annual Sound Money Essay Contest

– December 30, 2010

Is the world economy in crisis because it lacks the fundamentals of sound money?  If you believe that sound money is the key to our recovery, tell us why.    Join Atlas’s 2nd Annual Sound Money Essay Contest and win cash prizes.  This  year’s theme is …

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“Impacts of Proposed Changes in the Fed’s Mandate” – Taylor

– December 29, 2010

“[T]here are several reasons to believe that QE2 would not have happened had Fed officials not been able to refer to a dual mandate in the Federal Reserve Act as justification for the intervention. First consider this bit of emprical evidence: There ha …

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“Medical Inflation Higher Than Other Economic Sectors”

– December 29, 2010

“The cost of medical services and commodities continues to grow, and this may be a factor contributing to a recent decline in a measurement of patient confidence in their ability to pay for health care. Overall inflation for the past year was 1.1%, wit …

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“Lehman ‘Prophet’ Fears Second Crisis If US Interest Rates Are Kept Low”

– December 29, 2010

“The criticism of the Federal Reserve comes as it embarks on another $600bn (£380bn) of quantitative easing – or printing money – in an effort to fire up a stronger recovery next year. Interest rates around the western world, including in Britain, have …

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“Inflation and Interest Rate Trends Look Positively for Gold in 2011”

– December 28, 2010

“Gold prices generally rise during times of actual or projected inflation because of gold’s traditional status as a “safe haven” asset. Gold buyers seeking an asset which reacts favorable to inflation or currency devaluation often move from the falling …

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“Central Bank Targets Inflation” – China

– December 28, 2010

“The over-fast growth of the domestic real estate market has been the result of the country’s unusual monetary policy since the start of the global financial crisis. The latest rate hike indicates the central bank’s resolve to restore the emergency mon …

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“The Fed’s Dual Mandate Is Not The Problem” – WSJ

– December 28, 2010

“While some clarification of its price-stability mandate might help, the central bank is already required to keep credit growth in check. Its full legal mandate is as follows: “The Board of Governors of the Federal Reserve System and the Federal Open M …

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“Current course leads to inflation”

– December 27, 2010

“The Federal Reserve, and the Congress, are both playing a high-stakes game of risk. Essentially, the one is betting that it can spend its way out of our recession and unemployment problems and the other is betting that it can add huge amounts of liqui …

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“For Tough Fed Call, Even Hindsight Is Not 20/20” – WSJ

– December 27, 2010

“The world has changed since the Federal Reserve decided in November to purchase an additional $600 billion of U.S. Treasury bonds to give the U.S. economy a lift. The U.S. economy looks stronger. The government is unexpectedly cutting taxes. The Fed i …

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