Has the Disinflation Process Stalled?
“Fed officials may worry that the disinflation process has stalled. For this reason, the latest data likely increases uncertainty about the future course of monetary policy.” ~ William J. Luther
READ MOREHow Congress Should Reform the Fed
“Congress should narrow the Fed’s regulatory concerns to maintaining adequate bank capital. It should also consider abolishing the discount window entirely.” ~ Alexander William Salter
READ MORECan the Fed Continue to Fight Inflation without Risking a Financial Crisis?
“In principle, the Fed has the ability to provide liquidity to the banking system while simultaneously reducing the incentives banks have to make loans.” ~ Bryan Cutsinger
READ MOREWhat if Gold Coins Were Mated With Bank Notes? An Interview with Jeremy Cordon of Goldback
“There is certainly a market for sound money that is hard to serve legally. Yet Cordon has proposed a way to serve that market – at least in an anachronistic sense. But those bought into the promise of cryptocurrencies, might have doubts. Cordon agreed to be interviewed.” ~ Max Borders
READ MORESound Money Still Matters
“By making precious metals a more integral part of citizens’ lives, state gold depositories are key to a return to sound money.” ~ Peter C. Earle
READ MORERoads to Sound Money, Edited by Judy Shelton
In 2012, the Sound Money Project, then part of the Atlas Economic Research Foundation, released Roads to Sound Money, a collection of essays edited with a foreword by Judy Shelton. The Sound Money Project is now part of the American Institute for Economic Research. AIER is pleased to post the full contents below.
READ MOREFed Lending Programs Might Be Legal, but They’re Still Bad Policies
“Congress should not use the Fed to accomplish fiscal goals through monetary means. There is no good reason to give the Fed a free pass just because their irresponsible decisions come with statutory cover.” ~ Alexander W. Salter
READ MORER.I.P. Richard H. Timberlake
“Timberlake provided a blueprint for future sound money scholars to conduct thorough and well-respected research on monetary theory and history.” ~ Scott Burns
READ MOREThis Is Not QE4, Yet
The Fed Repo headlines are worth watching, but not worth losing sleep over.
READ MOREJudy Shelton and the Dual Mandate Debate
Shelton is right to criticize the full-employment aspect of the Fed’s dual mandate.
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