Topic: Currency

Cracks in the Fiscal Dam

– March 22, 2012

by Tyler Watts I’ll admit it: we fiscal hawks are increasingly mystified that things haven’t blown up yet for Uncle Sam. The Fed has held interest rates at zero for almost 3 ½ years now, and the inflation rate hasn’t exploded—even though people are not …

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Ron Paul and the Martian Atmosphere Machine

– March 22, 2012

“Bernanke, give these people air!” by John DeFeo Ron Paul has staked his presidential hopes on a few key issues, among the most prominent being monetary policy. The feisty Texas congressman has had his share of ideological head-butting with Federal Res …

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Would the Real Gold Standard Please Stand Up?

– March 5, 2012

“Bears are animals. Animals have four legs. Chairs have four legs. Therefore, chairs love honey.” What’s wrong with this logic? Don’t ask opponents of the Classical Gold Standard… The gold standard debate has seen a spike recently in different blogs …

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The Euro (Double) Standard

– February 20, 2012

The received wisdom in economic history places much of the blame for the Great Depression squarely on the shoulders of the gold standard. For instance, Berkley economist Barry Eichengreen states, “Far from being synonymous with stability, the gold stan …

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Why Do Youths Love Ron Paul’s Call for Gold?

– February 14, 2012

“Excuse me, did you say ‘Yutes’?”

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Monetary Equilibrium and Relative Prices

– February 13, 2012

There’s long been debate on the role of an elastic money supply in achieving monetary equilibrium in a free market. Namely, should the money supply follow a 100-percent reserve requirement on banks or should banks be allowed to make use of fractional r …

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Golden Paperweights, and Other Investments

– February 10, 2012

Why gold isn’t money, steak isn’t food, and you’re not really reading this… File this one under “you’ve got to be pulling on my leg:” an unsigned editorial at Nasdaq.com makes the utterly risible claims that “gold has no value except as an investment …

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Dear Alan, …

– February 3, 2012

Integrity called. It wants its gold back. Memo To: Rep. Ron Paul [R TX] From: Jude Wanniski Re: Greenspan and Gold Dear Ron…I didn’t watch all of Greenspan’s testimony before the House Financial Affairs Committee last Wednesday, but I was lucky enoug …

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Like Bugs Looking For Windshields

– January 30, 2012

Largest Central Banks Now Hold Over 15 Trillion in Fictitious Capital By Russ Winter01/27/2012 I could not help noticing that China’s imports from Japan fell 16.2pc in December. Imports from Taiwan fell 6.2pc. The strong yen strikes again: Honda decide …

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Are the Fed’s Zero-Interest Rate Policies Too Expensive?

– January 26, 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.

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How to Use the Dollar Index (DXY)

– January 20, 2012

Remember, you still need to pull the parachute ripcord even if your altimeter is broken.

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