Posts Tagged ‘ gold standard ’

The Great Monetary Debate

Feb 7th, 2012 | By | Category: Economics, Featured
When National Public Radio airs a segment on the gold standard, you know that the debate over the quality of money has reached the point where it can no longer be ignored. Another sign came last month when Newt Gingrich, who has never shown the slightest interest in the cause ...read more


The Euro Crackup

Nov 10th, 2011 | By | Category: Economics, Featured, Gold, International
Watching the euro melt has been like watching a train wreck in slow motion. You knew it was coming. You know which cars on the train are next line to be mashed. There is nothing you can do to stop it. You can only watch as it happens, with one ...read more


Why Policy Advise Is Futile And What You Should Do Instead

Sep 7th, 2011 | By | Category: Featured, Macro Economics
Paper money collapse is inevitable. Our present system of elastic money is not only suboptimal it is also unsustainable. As I show in my book elastic money must lead to the accumulation of imbalances, to capital misallocations, and to resource mis-pricings. Those must lead, over time, to economic disintegration and ...read more


China: American Financial Colony or Mercantilist Predator?

Aug 26th, 2011 | By | Category: Currencies, Economics, Gold
China is an important trading partner of America. But it may also be a mortal threat. And not for the conventional reasons usually cited in the press. Ironically, it is a threat because China is in fact a financial colony of the United States, a colony subsidized and sustained by ...read more


The Bernanke Blind Side

Aug 15th, 2011 | By | Category: Featured, Macro Economics
You want to know what really scares me? That the money-printer-in-chief -- the man in charge of the printing press for the world's dominant paper currency -- the chairman of the U.S. Fed is so completely beholden to the mainstream macro consensus that he is entirely incapable of even comprehending ...read more


The Gold Standard Cannot Survive Political Logic

Jul 11th, 2011 | By | Category: Featured, Gold, Macro Economics, Politics
Publisher Steve Forbes, speaking to Human Events predicted "a return to the gold standard by the United states within the next five years". Why? Because it would "help the nation solve a variety of economic, fiscal, and monetary ills". The article continues: Such a move would help to stabilize the value of ...read more


Milton Friedman’s Money Machine

Mar 21st, 2011 | By | Category: Featured, Gold, Macro Economics
Milton Friedman believed in the free market most of the time. The trouble was, whenever he approached the coercive monopoly known as civil government, he came up with logical solutions based on the idea that civil government can be made more efficient by adopting pseudo-market arrangements. He came up with ...read more


Gold vs. Guns and Badges

Mar 18th, 2011 | By | Category: Economics, Featured, Gold, Macro Economics
Do you trust men with guns and badges to provide long-term economic growth? Or do you trust the free market? When push comes to shove — recession — most people trust guns and badges far more than they trust the free market. Do you trust the Federal Reserve System to maintain prosperity? ...read more


Chasing the Gold Standard

Mar 30th, 2010 | By | Category: Economics, Featured, Gold, Morning Whiskey
I suppose it is an article of faith here in the Bar that the first nation to adopt a true gold standard is going to have a commanding advantage internationally? If not, it is here in the Whiskey Redan, deep in the heart of Texas. A "redan," you will recall, is ...read more


Obama and Clinton Are Right!

Apr 27th, 2009 | By | Category: Featured, Morning Whiskey
Anyone can be right once. What America needs desperately is a "re-set" button, just not one in flawed Russian.  We're already being overcharged.  What would solve most of the problems (after some truly horrible tangles were unraveled) would be to go back a minimum of a hundred years and start over. ...read more