Topic: Currency

Central Banking, Cryptocurrency, Currency

DeSantis Takes the Lead on Fed Reforms

– July 6, 2023

“According to DeSantis, political elites want to ‘regulate [bitcoin] out of existence’ because it threatens their plans for social control. He’s right.” ~ Alexander W. Salter

Currency, Economic History, History, Taxation

Imperial Monetary Policy and the Independence Movement

– July 3, 2023

“The road to independence, the Imperial Crisis as some term it, began with resistance to the Stamp Act, which indeed was a type of tax but not, on its face, a particularly onerous one. So the key to understanding the independence movement is to understand why the colonists reacted to the Stamp Act as vigorously as they did.” ~ Robert E. Wright

Central Banking, Currency, Inflation

Don’t Raise the Target; Change the Framework

– June 29, 2023

“By adopting a nominal spending target, the Fed would embrace a regime that provides clear guidance on the required spending level during times of crisis. This shift would enhance the Fed’s ability to navigate economic downturns effectively.” ~ Nicolás Cachanosky

Central Banking, Currency, Leadership

Ramaswamy on CBDC

– June 26, 2023

“GOP lawmakers absolutely should head CBDC efforts off at the pass, and the party’s presidential candidates should support that rejection.” ~ Alexander W. Salter

Crisis, Currency, Inflation

Money Blindness and Money Clarity

– June 21, 2023

“Macroeconomists and policymakers can speak of anchored expectations all they want, but what ultimately happens is that regular folk find themselves impoverished without really understanding what went wrong or how they could have done things differently.” ~ Joakim Book

Currency, Economic Trends, Inflation

President Biden’s Inflation Malarkey

– June 20, 2023

“Dollar depreciation is why prices are rising. The Fed’s monetary policy, aided and abetted by the President’s and Congress’s massive deficits, are the real cause.” ~ Alexander W. Salter

Central Banking, Currency, Economic Trends

Dethroning the Almighty Dollar?

– June 19, 2023

“In a poll taken by the World Gold Council, 24 percent of the central banks surveyed intend to continue to purchase gold, and that in summary, ‘Central banks’ views toward the future role of the dollar were more pessimistic than in previous surveys.’” ~ Peter C. Earle

Central Banking, Currency, Sound Money Project

What Should The Fed Do When It Hasn’t Done What It Should’ve Done?

– June 17, 2023

“We are likely at the point where the risk of doing too much exceeds the risk of doing too little. It makes sense for the Fed to hold for now, and see how the incoming data looks over the next few months.” ~ William J. Luther

Currency, Monetary Policy, Sound Money Project

Are GOP Presidential Contenders Prepared to Take On the Fed?

– June 5, 2023

“There’s no time to lose. Aspiring Republicans must get serious about fixing the Fed.” ~ Alexander W. Salter

Cryptocurrency, Currency, Free Banking

Decentralization and Bitcoin

– June 4, 2023

“Bitcoin itself is a currency that might best be considered existing in a state of anarchy.” ~ Emile Phaneuf

Currency, Free Markets, Government

Small Change: Let’s Put Pennies and Nickels to Rest

– April 20, 2023

“If we don’t have the vision and political will to do something as unambiguously beneficial as to stop minting pennies and nickels, then perhaps ‘vision and political will’ aren’t going to give us the better future we want.” ~ Art Carden

Currency, Free Markets, Government, International

De-dollarization Has Begun: Redux

– April 11, 2023

“Given the increasing use of the dollar as a means of imposing sanctions, some foreign powers see a pressing need to develop the capability to transact outside of US-dollar-based systems. We are witnessing the development of financial contingency plans.” ~ Peter C. Earle