Topic: Monetary Policy

“It’s the Money, Stupid”

– October 13, 2010

“At the moment, Republican leaders and policy elites are advancing exclusively fiscal solutions that address only the government response to the economic crisis and not the crisis itself. Fiscal deficits did not create the crisis, and reducing deficits …

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Witherspoon Institute’s “Human Flourishing, the Economy, and Monetary Reform” – Nov. 3

– October 13, 2010

With the expansion of the government’s economic responsibilities over the past three years, there has been growing public concern about the economic role of the state and the level of sovereign and private debt. With this in mind, the Witherspoon Insti …

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Central Banking, Limited Purpose Banking, Free Banking…

– October 12, 2010

“But if the problem isn’t in the application of the system, but it is the system, then all efforts to reform practice will fail, and fail miserably. This is what we believe the logic of economic argument leads one to conclude about central banking and …

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Peter Lewin to Speak at the University of Texas at Dallas! – Oct. 12 & 14, Nov. 17

– October 12, 2010

Sound Money at Atlas is happy to announce that Peter Lewin*, will be giving three lectures on “The Austrian Capital Theory and the Business Cycle” at the University of Texas at Dallas.    The dates of the lectures are as follows:   October 12th, 2:30 p …

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“It’s Time for a 21st Century Gold Standard”

– October 11, 2010

“No monetary system, including gold, is perfect. But the evidence is that the gold standard is a recipe for lower-than-predicted federal interest rates (quelling the coming fiscal crisis); lower corporate bond rates (jobs); and lower mortgage rates (re …

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“Inflation Cause and Effect”

– October 11, 2010

“But back to the question of the cause of inflation. Basically when the government increases the money supply faster than the quantity of goods increases we have inflation. Interestingly as the supply of goods increase the money supply has to increase …

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“Dishonest Money”

– October 8, 2010

“If every time we bring the results of the sweat of our brow to market, we are subject to an arbitrary assessment of their worth, either we are suffering from deliberate imposts on the part of the authorities, or we are partaking not in an entrepreneur …

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“Dollar Reaches 15-Year Low Versus Yen”

– October 7, 2010

“The dollar dropped to a 15-year low against the yen and the weakest in more than eight months against the euro amid growing expectations the Federal Reserve will expand credit easing to sustain the U.S. recovery.” Read more.  “Dollar Reaches 15-Year L …

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“What’s Wrong with Fed Policy?”

– October 6, 2010

“Investor reaction to Ben Bernanke’s apparent focus on price indices — jumping into the stock market when he hints that he may not raise rates, and jumping out when they suspect he will — is understandable. These reactions do not imply that investors p …

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“The U.S. Dollar and Prosperity: Accidents Waiting to Happen”

– October 6, 2010

“A lasting solution would be to recognize explicitly that market prices, reflected in the yield curve and gold price have been the most reliable signals of the global demand for dollar liquidity. The daily correlation between gold and the dollar has be …

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“Monetary Policy and the Business Cycle”

– October 6, 2010

“From my view, I would welcome the day when the topic of this conference—”Money, Politics, and the Business Cycle”—would become obsolete. Not because there is no relation between money, politics, and the business cycle; there is. But I would welcome th …

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“Which is Better: High or Low Inflation?”

– October 5, 2010

“In addition to encouraging fiscal responsibility on the part of consumers, low but stable inflation (or even deflation) is also good for the long term economy, because it allows producers to know their costs. This predictability allows producers to ge …

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