Topic: Sound Money

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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 …

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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?”

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Money: East vs. West

– August 28, 2012

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

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Slumping Money Supply

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.

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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.

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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 …

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Ryan: Boon or Bane for U.S. Dollar?

– August 17, 2012

Good 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.

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Reality Check: Is Rep. Paul Ryan Actually A Big Spender? His “Principle” Problem

– August 16, 2012

Ben 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 …

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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.

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Achieving Sound Money (from the archives of Antony Fisher)

– July 27, 2012

The 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 …

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UStreasury

Treasury Probe Cites Officials

– July 16, 2012

Treasury 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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