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

“Monetarism Defiant” – Anna Schwartz on the Fed

– June 16, 2010

“Anna Schwartz must be the oldest active revolutionary on earth. Born in 1915 in New York, she can still be found nearly every day at her office in the National Bureau of Economic Research on Fifth Avenue, where she has been tirelessly gathering data s …

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“The Great Depression According to Milton Friedman”

– June 16, 2010

“Few events in U.S. history can rival the Great Depression for its impact. The period from 1929 to 1941 saw fundamental changes in the landscape of American politics and economics, including such monumental events as America ’s going off the gold stand …

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“A Stable Price Level Standard for Federal Reserve Monetary Policy”

– June 16, 2010

“In a recent article in the Cato Journal dealing with the transparency of Federal Reserve monetary policy, Federal Open Market Committee (FOMC) Chairman Ben Bernanke provided an authoritative account of current Federal Reserve strategy (Cato Journal, v …

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Chile Starts Monetary Tightening

– June 16, 2010

Chile has rebounded strongly from the global recession, in spite of the devastating earth quake that hit early in 2010. In response to the financial crisis, the monetary authorities cut its key lending rate from 8.25 per cent in September 2008 all the …

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“Fed limits card fees to $25”

– June 15, 2010

“Most credit card penalties will be limited to $25 and fees for customers who don’t use their cards will be eliminated under rules released Tuesday by the Federal Reserve. The Fed also ordered a review of all credit card interest rate hikes imposed sin …

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The Gulf Spill, the Financial Crisis and Government Failure

– June 14, 2010

The Gulf oil spill and the global financial crisis both demonstrate the failings of big government. Partisan politics obscures the linkage, with the consequence that each political party repeats the mistakes of the other as its turn to govern arrives. …

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Hans F. Sennholz and his sound money legacy

– June 14, 2010

One of the last lectures by Dr. Sennholz Hans F. Sennholz I first met Hans Sennholz in Argentina. It was 1976 or 1977 (I told part of the story on http://www.lewrockwell.com/orig4/chafuen1.html). For our classes in Monetary Economics at our beloved Gro …

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“Politicizing the Fed”

– June 14, 2010

“For 97 years the 12 regional banks of the Federal Reserve system have operated relatively free of political interference from Washington. The looming financial reform bill threatens that independence, not least through an effort to impose new presiden …

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“AIG Bailout ‘Poisonous’ to Wall Street”

– June 11, 2010

“A Congressional watchdog sank its teeth into the Federal Reserve for its 2008 bailout of insurance crook AIG, calling the billion-dollar magic pill “poisonous.” The panel also criticized the Fed for not acting earlier, or tougher, with AIG for its cre …

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“Congress Begins Conference on Financial Regulation”

– June 11, 2010

“Today begins the televised political theatre that Barney Frank has been waiting months for: the first public meeting of the House and Senate conferees on the two financial regulation bills. While there are a handful of important differences between th …

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Controlling the Fed

– June 11, 2010

Blame goes to the Fed. They allowed a financial crisis due to lack of regulation and oversight of the banking/financial industry. At least that is the claim of today’s policy makers. While I may not disagree that the Fed holds much of the responsibilit …

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“Fed’s Plosser: Sustainable Economic Recovery Is Now Underway”

– June 11, 2010

“With a sustainable economic recovery now underway, policy makers will soon have to start thinking about pulling back their monetary stimulus to ensure inflation stays low and inflation expectations remain well-anchored, Philadelphia Federal Reserve Pr …

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