Has the Disinflation Process Stalled?

– May 26, 2023

“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

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How Congress Should Reform the Fed

– May 18, 2023

“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

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Can the Fed Continue to Fight Inflation without Risking a Financial Crisis?

– May 18, 2023

“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

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What if Gold Coins Were Mated With Bank Notes? An Interview with Jeremy Cordon of Goldback

– April 3, 2023

“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

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Sound Money Still Matters

– June 7, 2021

“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

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Roads to Sound Money, Edited by Judy Shelton

– November 16, 2020

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.

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Fed Lending Programs Might Be Legal, but They’re Still Bad Policies

– May 31, 2020

“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

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R.I.P. Richard H. Timberlake

– May 26, 2020

“Timberlake provided a blueprint for future sound money scholars to conduct thorough and well-respected research on monetary theory and history.” ~ Scott Burns

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The Ideal Money Is Global

– November 6, 2019

The optimal currency area is the maximum currency area.

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This Is Not QE4, Yet

– September 18, 2019

The Fed Repo headlines are worth watching, but not worth losing sleep over.

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Judy Shelton and the Dual Mandate Debate

– August 23, 2019

Shelton is right to criticize the full-employment aspect of the Fed’s dual mandate.

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