Sound Money | Page 10

History, Inflation, Sound Banking, Sound Money, Sound Money Project

Paper Money = Despotism

– October 11, 2012

“Fiat” is money with no intrinsic value beyond whatever an issuing government is able to enforce. When it enjoys a monopoly as currency, fiat inevitably turns the free market functions of money inside out.

Currency, Gold Standard, History, Sound Money, Sound Money Project

What is Money? Krugman’s MMMF Question

– October 9, 2012

These three short articles, written by three Mises scholars, respond to Paul Krugman’s dubious economic theories

Energy, Inflation, International, Sound Money, Sound Money Project

What Will Benefit From Global Recession? The US Dollar

– October 9, 2012

Understanding the euro’s failure and Triffin’s Paradox helps us understand why the dollar will rise significantly in the years ahead.

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

Easy Money Is Punishing the Middle Class

– October 5, 2012

A policy of low but persistent inflation anesthetizes workers to declining real wages.

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

Death Knells for the US Dollar

– September 28, 2012

The recent decision by the US Federal Reserve to contaminate the financial body until it responds favorably was the last straw in my book.

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

Sound Money: Turkey’s Cure for Oil Dependence

– September 25, 2012

With so much havoc among European nations, Turkey has attracted headlines recently as Europe’s fastest growing economy and the remaining shining star of investment grade on the continent. Though, as CNBC reported, rising oil prices threaten the country …

Currency, Gold Standard, Inflation, Sound Money, Sound Money Project

A Road to Prosperity

– September 17, 2012

The case for a modernized gold standard. Gold, a fundamental, metallic element of the earth’s constitution, exhibits unique properties that enabled it, during two millennia of market testing, to emerge as a universally accepted store of value and mediu …

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

Ezra Klein Mistakes the Arsonist for a Firefighter

– August 30, 2012

Does Klein really believe that the Fed currently adjusts the value of the dollar according to “the needs of our economy?”

Sound Money, Sound Money Project

Money: East vs. West

– August 28, 2012

An overview of the differences in monetary policy between the east and west.

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

Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession

– August 22, 2012

Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump. Nonsense. Hungary’s recession results from its slumping money supply.

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

The Fed Has Forgotten Sound Money, And Now Just Manipulates Interest Rates

– August 22, 2012

While some members of Congress and Republican presidential hopeful Mitt Romney want to label China a “currency manipulator,” little is said about the Federal Reserve’s role as an interest-rate manipulator.

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

Central Banks Race to BUY Gold At Record Pace

– August 21, 2012

This must be more evidence of Bernanke’s “tradition.” The Olympics may be over, but central banks around the world have begun a race to buy gold and are doing so at the highest level in decades. The World Gold Council recently announced that central ba …