Topic: Monetary Policy

“Fear of Currency War Grows as US Dollar’s Value Falls”

– October 27, 2010

“Is this a currency war or what?… In Washington, where a “strong dollar” has been the mantra for years, policymakers are taking steps that could make the already weak dollar weaker still… The dollar’s decline is being driven by what everyone in glo …

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“America’s ‘Plan’ to Destabilize China”

– October 27, 2010

“In early October, China’s Premier Wen Jiabao addressed European leaders in Brussels. Ominous talk of currency wars dominated the proceedings. And why not? After all, America — and a growing coalition of forces — has mounted a massive attack on China. …

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“Toward a Free-Market Money”

– October 27, 2010

“Despite the overwhelming evidence that markets perform best when left alone by the government, it is still virtually taken for granted that one consumer product should be completely controlled by every government in the world. One product, so ubiquito …

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“Bank Failures in Slow Motion”

– October 27, 2010

“Every Friday evening a few more banks are closed — seized by the various state banking regulators and handed over to the Federal Deposit Insurance Corporation (FDIC) for liquidation. This all happens rather quietly, barely making the news. We’re told …

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“Monetary Theory and the Trade Cycle” – F.A. Hayek

– October 27, 2010

“It seems certain, however, that we shall merely make matters worse if we aim at curing the deflationary symptoms and, at the same time (by the erection of trade barriers and other forms of state intervention) do our best to increase rather than to dec …

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Sound Money at the Liberty Forum! Nov. 10

– October 27, 2010

In The Constitution of Liberty, F.A. Hayek advised: “All those who wish to stop the drift toward increasing government control should concentrate their effort on monetary policy”. Sound Money will have a special panel during Atlas’s upcoming Liberty Fo …

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“Surging Inflation Spurs Debt Concern in 2012, Swaps Show: Argentina Credit”

– October 26, 2010

“The third-highest inflation rate in the world is making investors less confident in Argentina’s ability to keep up economic growth and repay debt beginning in 2012, credit default swaps show. Five-year contracts that protect investors against a defaul …

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“Oil rises to near $81 as traders mull Fed moves”

– October 22, 2010

“Oil prices rose to near $81 a barrel Friday in Asia, rebounding slightly from the previous session’s steep drop, as traders mull the possible effects of anticipated moves by the U.S. Federal Reserve to spur economic growth.” Read more.  “Oil rises to …

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“China Hides Rampant Inflation in Money Binge”

– October 21, 2010

“When money is created at a faster rate than real economic growth, the result is inflation. Yet so far this year, China’s official statistics show consumer inflation at barely over 3 percent. Those figures have many economists scratching their heads, w …

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Surprise! China Has Inflation Problems…

– October 21, 2010

“In order to avoid the global recession that took hold in 2008, China implemented an aggressive stimulus policy. Credit was made plentiful and the inflation machine kept on chugging. The amount of foreign capital attracted to China’s continued growth h …

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“Dollar Sinks Amid Fed Speculation…”

– October 21, 2010

“The dollar weakened against 15 of 16 major peers, losing at least 1.5 percent versus currencies including the Australian dollar and Swedish krona. The U.S. currency has depreciated more than 3 percent versus all 16 major counterparts since the end of …

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“Managed Money” – Alan Reynolds

– October 21, 2010

“Hypothetical monetary systems always look better than actual experience. Economists therefore view their responsibility as deciding what characteristics money ought to have, then imposing that money on the public. The same economists presumably would …

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