Ryan: Boon or Bane for U.S. Dollar?
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
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
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)
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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Treasury Probe Cites Officials
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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Our Money is Dying
A question on the minds of many people today (increasingly those who manage or invest money professionally) is this: How do I preserve wealth during a period of intense official intervention in and manipulation of money supply, price, and asset markets?
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The Cultural and Spiritual Legacy of Fiat Money
The notion that inflation is harmful is a staple of economic science. But most textbooks underrate the extent of the harm, because they define inflation much too narrowly as a lasting decrease of the purchasing power of money
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A Free-Market Monetary System
When a little over two years ago, at the second Lausanne Conference of this group, I threw out, almost as a sort of bitter joke, that there was no hope of ever again having decent money, unless we took from government the monopoly of issuing money and handed it over to private industry, I took it only half seriously.
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It’s the Money Supply, Stupid!
During the 1992 presidential campaign, former President Clinton’s rallying cry was “It’s the Economy, Stupid.” He sang it to perfection and won the election. Today, the smart politicians (and economists) should realize that “It’s the Money Supply, Stupid.”
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Gold and The Central Banks: The Game Theory
“Collectively, the central bankers of the world might agree that they do not want gold to be remonetized. Individually, it is in their interest to defect from this consensus. As the American Century decays, individual motivations tend to become more prominent. You and I are not in a free market – but the central banks are.”
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Can We Get Inflation AND Deflation at the Same Time?
The current financial crisis, may progress to a phase where people demand and hoard dollar bills but take electronic deposit credits only at a discount which increases until electronic deposit credits are repudiated entirely.
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