Topic: Economic Education

Central Banking, Economic Education, Monetary Policy, Sound Money Project

Can the U.S. Government Do Six Impossible Things Before Breakfast?

– April 10, 2012

There will never be a failed US Treasury auction… until there is

Central Banking, Currency, Economic Education, Gold Standard, History, Monetary Policy, Sound Money Project

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 …

Central Banking, Economic Education, Inflation, Monetary Policy, Sound Money Project

“Measuring Inflation: The Core is Rotten” – Bullard

– May 25, 2011

“Controlling overall inflation is a goal of monetary policy. Measures of overall, or headline, inflation attempt to include changes in the prices paid for a wide variety of goods—that is, what households actually have to pay for their daily purchases. …

Economic Education, Economic Growth, Fiscal Policy, Inflation, Sound Banking, Sound Money Project

“Slow Growth, Inflation Makes US Bonds Bad Buy: Gross” – CNBC

– May 16, 2011

“The US economy is headed for a period of higher inflation and lower growth that makes the nation’s debt unappealing when measured against its global competitors, Pimco’s Bill Gross told CNBC. The head of the world’s largest bond firm, with nearly $1.3 …

Central Banking, Economic Education, Inflation, Monetary Policy, Sound Money Project

“Markets Get Ready to Navigate Fed’s Departure” – WSJ

– April 25, 2011

“Senior Fed officials believe they will be able to push up the fed-funds rate, the traditional benchmark for short-term interest rates, but not by the usual means of simply selling relatively small amounts of Treasury securities to soak up bank reserve …

Central Banking, Economic Education, Inflation, Monetary Policy, Sound Money Project

“Time to Take Inflation Seriously” – Seeking Alpha

– March 21, 2011

“While the world has focused on fuel rods in Japan and fighter jets in Libya, issues that are ultimately much more significant for investors have gone largely ignored. For example, the Producer Price Index for February registered a 5.6% Year-Over-Year …

Central Banking, Economic Education, Energy, Inflation, Monetary Policy, Sound Money, Sound Money Project

“Rising Wholesale Prices Ring Inflation Alarm Bells” – CNNMoney

– March 16, 2011

“The sharp rise in oil prices is a major concern for economists. In a recent survey by CNNMoney, economists identified the oil spike as the biggest headwind facing the nation’s economic recovery. And some fear that unlike previous scares, higher prices …

Central Banking, Economic Education, Energy, Inflation, Sound Money Project

“To Avert Criticism, Fed Avoids Saying ‘Core'” – WSJ

– March 14, 2011

“Fed officials have for years cited “core inflation,” a measure that excludes food and energy prices. That is because core inflation tends to be a useful predictor of inflation over a couple of years, which they call the medium term, a period that is k …

Central Banking, Economic Education, Inflation, Monetary Policy, Sound Money, Sound Money Project

“Commodity-Price Gains Dog Bernanke’s Inflation” – WSJ

– March 2, 2011

““I just see a continuation of rising prices for the average family,” at a time where the Fed is constructing policies to ward off what it sees as the threat of deflation, Sen. Bob Menendez, a New Jersey Democrat told Bernanke. When told by Bernanke th …

Central Banking, Currency, Economic Education, Gold Standard, Inflation, Sound Money, Sound Money Project

“Gold and Money” – Warren Gibson

– March 2, 2011

“Nothing seems to arouse passions—pro and con—quite like suggestions that gold should once again play a role in our money. “Only gold is money,” says one side. “It’s a barbarous relic,” says the other. Let’s turn down the heat a bit and look into some …

Central Banking, Economic Education, Inflation, Sound Money Project

“Oil Spike May Drive Fed, ECB Split”

– February 28, 2011

“The US Federal Reserve and European Central Bank may go their separate ways if Middle East unrest provokes a sustained, inflationary oil price spike. Crude prices creeping back into the triple digits have sparked concern about slower economic growth a …

Central Banking, Currency, Economic Education, Inflation, International, Monetary Policy, Sound Money Project

“Let Them Eat Chips” – O’Driscoll

– February 25, 2011

“Unfortunately for defenders of Fed policy, today’s paper is filled with stories of rising inflation. In Singapore, consumer price inflation is running at 5.5%. In Vietnam, consumer price inflation is running at over 12%. There are food riots in India. …