Topic: Sound Banking

“Fresh Attacks on Fed Move”

– November 17, 2010

“A group of prominent Republican-leaning economists, coordinating with Republican lawmakers and political strategists, is launching a campaign this week calling on Fed Chairman Ben Bernanke to drop his plan to buy $600 billion in additional U.S. Treasu …

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“Fed’s Plosser Says Understanding Crisis May Take 50 Years”

– November 17, 2010

““It will be at least 50 years before we really understand very well what happened in 2008-2009, and we will be interpreting for another 50 years as to whether the Federal Reserve undertook the right policies or the wrong policies,” Plosser said today …

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“Ireland Crises Could Cause EU Collapse”

– November 16, 2010

“The president of the European Union has warned that the EU could collapse unless the debt crisis that is gripping the region is resolved. Herman Van Rompuy, president of the European Council, raised the stakes ahead of this evening’s showdown talks be …

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“Has the Fed Been a Failure?” – Selgin, Lastrapes and White

– November 12, 2010

“As the one-hundredth anniversary of the 1913 Federal Reserve Act approaches, we assess whether the nation’s experiment with the Federal Reserve has been a success or a failure. Drawing on a wide range of empirical research, we find the following: 1) T …

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“Leading Chinese credit rating agency downgrades USA government bonds”

– November 12, 2010

“One of China’s leading credit rating agencies has downgraded United States of America government debt in response to what it sees as deliberate devaluation of the dollar by quantitative easing and other means. If China, now the second biggest economy …

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Getting on Track

– November 12, 2010

On Wednesday, November 10, Sound Money held a panel at annual Liberty Forum hosted by Atlas. The panel featured Judy Shelton, Sean Fieler and Steven Horwitz, with Matt Kibbe of FreedomWorks acting as moderator. Perhaps it is a bit self-serving to say t …

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Larry White on the Business Cycle

– November 11, 2010

Peter Boettke over on Coordination Problem posted an excellent video of Larry White discussing the Austrian theory of the business cycle. Enjoy!

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“Ben Bernanke’s Impossible Dream” – WSJ

– November 10, 2010

“At Jackson Hole, Mr. Bernanke explained that “if inflation expectations were too low . . . an increase in inflation expectations could become a benefit.” Well, he’s certainly succeeded in raising inflationary expectations. But rising commodity prices …

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“Fed Counts on ‘Psychological Bump’ With Borrowing, but May Just Add to Debt, Inflation”

– November 10, 2010

“Investors beware: The Federal Reserve may have just agreed to make $600 billion more available for borrowing, but don’t expect to see that money flooding the market any time soon. At least that’s the warning from some financial experts who say the Fed …

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“Sovereign Debt Concerns Weigh on Euro”

– November 9, 2010

“The euro came under pressure as worries over the finances of countries on the edges of the eurozone continued to undermine the single currency. While the cost of insuring against a default in Portuguese, Greek and Spanish government debt has risen sha …

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Democracy in Deficit

– November 8, 2010

“Vol. 8 of The Collected Works. Democracy in Deficit is one of the early comprehensive attempts to apply the basic principles of public-choice analysis to macroeconomic theory and policy. The book serves to bolster Buchanan’s central beliefs in the nec …

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“Fed’s Hoenig: Fed Needs To Increase Key Rates, Normalize Policy”

– November 5, 2010

“The Federal Reserve’s vocal dissenter stood his ground against ultraloose monetary policy Friday in a week that the Fed opened the floodgate to loose additional dollars into the system. Federal Reserve Bank of Kansas City President Thomas Hoenig on Fr …

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