Sound Banking

Thursday, October 11th, 2012

“Fiat” is money with no intrinsic value beyond whatever an issuing government is able to enforce. When it enjoys a monopoly as currency, fiat inevitably turns the free market functions of money inside out.

Monday, October 1st, 2012

It isn't terribly often that people discuss the development of total war in tandem with the development of modern central banking, which — although antecedents existed long before — also came into its own in the 20th century.

Thursday, September 27th, 2012
One of the most enduring myths in the United States is that this country has a free market, when in reality, the market is merely the structural shell of formerly free institutions.
Monday, September 17th, 2012

The San Francisco Fed asked people what they thought Quantitative Easing would do to the economy. The answer wasn't what they expected...

Thursday, August 16th, 2012
Ben Swann of Fox19 in Cincinnati has been doing some great work recently. Here he discusses VP candidate Paul Ryan's record of voting for spending bills, e.g. TARP, the auto bailouts, Medicare Part D, etc.
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.

Tuesday, July 24th, 2012
At the latest Casey Research Conference, "Recovery Reality Check" in Weston, Florida, Casey Research's Chief Technology Investment Strategist Alex Daley sits down with David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan.  
Monday, July 16th, 2012
Coming up next, a discussion on the history of the gold standard. Three panelists-including author Lewis Lehrman-debate the origins, benefits, and drawbacks of the system. They also discuss why the U.S. left the gold standard, and the arguments for reinstating it.
Thursday, July 12th, 2012

In my latest book, I devote a full chapter to the merits of the historical gold standard and reasons to reinstate it.

Thursday, July 12th, 2012

Fractional-reserve banking has historically been viewed by some economists and most monetary cranks as a panacea for the economy

Monday, June 25th, 2012
When a little over two years ago, at the second Lausanne Conference of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money, unless we took from government the monopoly of issuing money and handed it over to private industry, I took it only half seriously.
Friday, June 22nd, 2012

While the B.R.I.C.S nations are contributing to the I.M.F.’s funding with the purpose of shoring up the global financial system, they’ve stipulated that they want more power in the I.M.F.

Monday, June 18th, 2012

In spite of the fact that 85% of Greeks want to stay in the Eurozone, I was reasonably confident that Greeks would support Syriza to a first-place finish, and elect a new government willing to play chicken with the Germans.

Monday, June 11th, 2012

Just counting something as a part of "GDP" doesn't actually make it a "product."

Thursday, June 7th, 2012

It may feel like I'm out of touch with the precious metals markets to broach the subject of a mania today, but I think the table is being set now for a huge move into gold and silver.

Friday, June 1st, 2012

US and European regulators are essentially forcing banks to buy up their own government's debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says