Topic: Monetary Policy

“Bernanke Continues Fight Against More Fed Scrutiny”

– June 2, 2010

“With Congress getting close to finalizing an overhaul of the nation’s financial-regulatory system, Federal Reserve Chairman Ben Bernanke weighed in against provisions in the proposed legislation that would subject the central bank to more political sc …

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Bank of Canada Raises Overnight Rate

– June 2, 2010

“The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly raised to 3/4 per cent and the deposit rate is kept at 1/4 per cent, thus …

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Crisis Risk Moves from Credit to Politics

– June 2, 2010

“The causes of the global financial crisis of 2008 were almost entirely flaws in the credit system based on leverage, exotic financial instruments, and a sharp drop in American housing prices. Just as that cycle has begun to end,  and GDP in major nati …

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Doug Bandow Reviews “Money, Markets and Sovereignty”

– June 2, 2010

“The era of laissez-faire capitalism is over, it is said, as if the era of laissez-faire capitalism ever really began. Still, globalization has helped open markets around the world. At a time of economic crisis, Benn Steil and Manuel Hinds mount a well …

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Bill Anderson on the Weak Dollar

– June 2, 2010

“Mike Van Winkle asks Prof. Bill Anderson of Frostburg State University What is a weak dollar? And why does it matter?” Listen in here. First Principles Episode 12: The weak dollar; does it matter? Via the Foundation for Economic Education. Image by re …

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“Sound banking saved Canada”

– June 1, 2010

“In conjunction with Wall Street investment houses, lenders created the increasingly risky loans designed to help Americans realize the dream of homeownership, giving birth to such questionable practices as no or minimal down payments, no income docume …

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“Monetary Central Planning and the State”

– May 28, 2010

The Future of Freedom Foundation has an in-depth history of the debate over a monetary central authority. Dr. Richard Ebeling offers his stunning knowledge on the subject in a 40 part series entitled “Monetary Central Planning and the State”. To read h …

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Steve Horwitz on Monetary Equilibrium Theory

– May 28, 2010

“Professor Steve Horwitz gives a talk on Capital and Its Structure to the student of the Advanced Austrian Economics seminar in Irvington, New York.” Listen here.   Mentary Equilibrium Theory Steve Horwitz Advanced Austrian Economics Via the Foundation …

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“When Will the Eurozone Collapse?”

– May 27, 2010

“As a long-standing critic of the concept of a single European currency, I have not rejoiced at the current problems in the eurozone that threaten the very survival of the euro. Before discussing the events surrounding the Greek debt crisis further, I …

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The Recovery Starts With Sound Money – Judy Shelton

– May 27, 2010

The willingness to work for the sake of future prosperity is a universal human quality, but people must believe there is a link between effort and reward. The euro is beset with fiscal calamities that threaten its downfall, and markets in the U.S. are …

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About the Fed

– May 27, 2010

“How does monetary policy affect the U.S. economy? The point of implementing policy through raising or lowering interest rates is to affect people’s and firms’ demand for goods and services. This section discusses how policy actions affect real interes …

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“Free Banking for Zimbabwe”

– May 26, 2010

“Zimbabwe’s hyperinflation is destroying the economy, pushing more of its inhabitants into poverty and forcing millions of Zimbabweans to emigrate. Since 1997, inflation has surged by 1,030,217%, while living standards (as measured by real GDP per capi …

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