Topic: Sound Money

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

Our Money is Dying

– July 10, 2012

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?

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

The Cultural and Spiritual Legacy of Fiat Money

– June 29, 2012

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

Currency, Free Markets, Gold Standard, History, Inflation, Sound Banking, Sound Money, Sound Money Project

A Free-Market Monetary System

– June 25, 2012

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.

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

It’s the Money Supply, Stupid!

– June 21, 2012

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.”

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

Gold and The Central Banks: The Game Theory

– May 24, 2012

“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.”

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

Can We Get Inflation AND Deflation at the Same Time?

– May 23, 2012

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.

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

Gold Tells the Truth

– May 17, 2012

Feel like your wages are buying less in real terms? They are

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

Returning to a Gold Standard System: Why and How?

– May 16, 2012

The answer to ‘Why?’ is: because gold-linked stable money is superior to manipulated funny money. The answer to ‘How?’ is a bit more complicated

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

The US Dollar Vs. Gold

– April 27, 2012

The GFC is falsely named, since it is more accurately described as a global monetary war with the USGovt vigorously defending its franchise in the USDollar for crude oil and trade settlement, and for bank reserves management.

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

Is There No Escape from the Euro?

– April 27, 2012

Is escaping the Eurozone possible?

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

Addition by Subtraction

– April 3, 2012

It is getting harder and harder justify not getting rid of the Fed. by Julie Borowski This week marks the conclusion of Federal Reserve Chairman Ben Bernanke’s four-part lecture series on how the central bank “saved the economy” to undergraduate studen …

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

Digging Up and Digging Down Gold

– March 30, 2012

The Gold Standard is the worst standard, except for all the others. In a recent post at Nada es Gratis (Nothing is Free), Jesús Fernández-Villaverde discusses a visit to the vault where gold is stored at the New York Fed. The post and subsequent commen …