Menu
“The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world’s reserve currency The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.SDRs represent potential c …
READ MOREIn The Theory of Free Banking (1988), George Selgin offers a monetary reform proposal to go from the actual monetary system based on a monopolistic control of money to a competitive banking system (pp. 164-172). There are different reasons (economic, i …
READ MOREBeware of President Obama’s call for a doubling of U.S. exports over the next five years as a way to reduce the unemployment rate. The obvious quick route to export success for any nation is to depreciate its currency. Dollar depreciation is already be …
READ MORE“Millions of families have fallen on hard times not because of our ideals of free enterprise — but because our leaders failed to live up to those ideals; because of poor decisions made in Washington and Wall Street that caused a financial crisis, squan …
READ MORE“On January 25, 2011 Jim Agresti and Steve Cardone interviewed eminent economist and global finance specialist Dr. Judy Shelton about the importance of sound money. Dr. Shelton is Co-Director of the Sound Money Project at the Atlas Economic Research Fo …
READ MOREOver at Coordination Problem, Steve Horwitz discusses his exchange with Gauti Eggertsson in regards to Eggertsson’s claim that Roosevelt’s policies led the U.S. out of the Great Depression. Horwitz disagrees with this view of history. It is an interest …
READ MORE“China’s President Hu Jintau arrives in Washington today for a state visit, turning the spotlight once again on U.S.-China trade and China’s allegedly undervalued currency, the yuan. Not one to let such an opportunity go to waste, Sen. Charles Schumer …
READ MORE“Hu goes on to discuss the RMB and inflation, but that’s not particularly interesting. What’s thought-provoking is his claim that “the current international currency system is the product of the past.” China hawks and American hegemonists (I’m both) wi …
READ MOREOn January 5th, 2010, Rep. Paul Ryan, House Budget Committee Chairman, during an interview with Hugh Hewitt, outlined his plans and strategies on how to curb government spending and other budgetary reforms. He also addressed other policy challenges, i …
READ MORE“Would-be reformers have tried to devise solutions designed in large part to avoid including gold, but none have caught fire or shown themselves to be as transparent and simple as the gold standard. The only real debate is between paper money and gold- …
READ MORE“Another source of demand could be central banks. The IMF’s sales quota will run its course and possible sellers like the German Bundesbank and the Swiss National Bank have said they have no intention of unloading bullion, HSBC says. Meanwhile, Asian c …
READ MORE“The Australian dollar reached the highest since the currency was freely floated in 1983 as US data spurred speculation global growth is gathering momentum, boosting demand for currencies with higher-yielding assets. The Aussie traded above parity with …
READ MORE
250 Division Street | PO Box 1000
Great Barrington, MA 01230-1000
Press and other media outlets contact
888-528-1216
press@aier.org
AIS is a fully owned subsidiary of AIER
This work is licensed under a
Creative Commons Attribution 4.0 International License,
except where copyright is otherwise reserved.
© 2021 American Institute for Economic Research
Privacy Policy
AIER is a 501(c)(3) Nonprofit
registered in the US under EIN: 04-2121305
