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 …
READ MOREDoes Klein really believe that the Fed currently adjusts the value of the dollar according to “the needs of our economy?”
READ MOREAn overview of the differences in monetary policy between the east and west.
READ MOREHungary 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.
READ MOREWhile 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.
READ MOREThis 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 …
READ MOREGood news: Vice Presidential candidate Paul Ryan may put the focus of the presidential campaign on the sustainability of the U.S. budget. Bad news: Ryan’s plan delivers some tough medicine.
READ MOREBen Swann of Fox19 in Cincinnati has been doing some great work recently. Here he discusses VP candidate Paul Ryan’s record of voting for spending bills, e.g. TARP, the auto bailouts, Medicare Part D, etc. Although Ryan has said all of the right things …
READ MOREAs 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.
READ MOREThe good students of economic history marvel at how often human beings commit the same mistakes. In a draft about “How to Achieve a Sound Money (and avoid the Road to Serfdom)”, Antony Fisher quotes then British Prime Minister Callaghan. In The Wal …
READ MORETreasury Department officials have been cited for soliciting prostitutes, breaking conflict-of-interest rules and accepting gifts from corporate executives, according to the findings of official government investigations.
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