Topic: Sound Banking

Central Banking, Currency, Gold Standard, Monetary Policy, Sound Banking, Sound Money, Sound Money Project

Led by Rep. Ron Paul, Congress Explores Sound Money

– August 6, 2012

As concerns over the U.S. dollar and the Federal Reserve continue to grow, U.S. lawmakers are exploring sound money, competing currencies, and the route to monetary freedom.

Sound Banking, Sound Money Project

The Mutual Mower Association

– August 6, 2012

Larry, George, and Steve all live next door to each other in the quiet town of Ayr. As respectable men about town, they all endeavor to keep their houses neat, especially their lawns. Currently only Larry has a mower. One summer day, right after Larry …

Inflation, Sound Banking, Sound Money Project

John Tamny and the Problem with Fractional Reserve Banking

– August 3, 2012

John Tamny of Forbes is one of the more informed contributors in the increasingly dismal state of economic commentating. Tamny readily admits he is on the libertarian side of things and doesn’t give into the money-making game of carrying the flag for …

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

Fractional Reserves and Economic Instability

– July 12, 2012

Fractional-reserve banking has historically been viewed by some economists and most monetary cranks as a panacea for the economy

Currency, Free Markets, Gold Standard, History, Inflation, Sound Banking, Sound Money, Sound Money Project

A Free-Market Monetary System

– June 25, 2012

When a little over two years ago, at the second Lausanne Conference of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money, unless we took from government the monopoly of issuing money and handed it over to private industry, I took it only half seriously.

Central Banking, Currency, Gold Standard, International, Monetary Policy, Sound Banking, Sound Money Project

Power to China in the I.M.F. – Does this mean Gold to be Mobilized?

– June 22, 2012

While the B.R.I.C.S nations are contributing to the I.M.F.’s funding with the purpose of shoring up the global financial system, they’ve stipulated that they want more power in the I.M.F.

Central Banking, International, Monetary Policy, Sound Banking, Sound Money Project

The Welfare Kings of Europe

– June 18, 2012

In spite of the fact that 85% of Greeks want to stay in the Eurozone, I was reasonably confident that Greeks would support Syriza to a first-place finish, and elect a new government willing to play chicken with the Germans.

International, Sound Banking, Sound Money Project

Lies, Damn Lies, and Government Statistics

– June 11, 2012

Just counting something as a part of “GDP” doesn’t actually make it a “product.”

Currency, Gold Standard, Sound Banking, Sound Money Project

Is the Table Set for a Mania in Precious Metals?

– June 7, 2012

It may feel like I’m out of touch with the precious metals markets to broach the subject of a mania today, but I think the table is being set now for a huge move into gold and silver.

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

Time Bomb? Banks Pressured to Buy Government Debt

– June 1, 2012

US and European regulators are essentially forcing banks to buy up their own government’s debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says

1938df14-131d-49bc-acbf-d56b2e7f1d79-2060x1236

Inflation, Regulation, Sound Banking, Sound Money Project

Pre-Fed Panics: Their Causes, Cont’d

– May 31, 2012

Earlier we posted a reply, by Dr. Bob Murphy, to an NYT blog post by Dr. Paul Krugman, wherein Murphy criticized Krugman’s interpretation of certain statistics and used work by Dr. Steven Horwitz to buttress his argument. Here Dr. Joseph Salerno takes issue with Dr. Horwitz’ conclusions, and adds his thoughts to the matter.

Fiscal Policy, Sound Banking, Sound Money Project

Missing the Point

– May 8, 2012

At The Economist blog Free Exchange, different opinions on the situation of Europe are discussed. More precisely, would fiscal austerity have made a difference, or was fiscal policy the right tool? Examples of economists in favor and against austerity …