Posts Tagged ‘ monetary policy ’

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


Detlev Schlichter and Paper Money Collapse

Sep 2nd, 2011 | By | Category: Economics
Detlev Schlichter is not alone when he writes that "the individual decision maker is a driver of economics," but he is clearly in the minority. The fact stands to reason. During our most recent fiscal upheaval in the United States, one out of every two economists with a job drew his ...read more


Gold Price Says U.S. Monetary and Fiscal Policy Stinks

Nov 10th, 2009 | By | Category: Currencies, Featured, Gold
The Fed’s been carrying on with its wayward monetary policy. And it's carried on with the carry trade by keeping short-term rates low. In deciding to make hardly any changes to its interest rate policy or even the language from its last statement, the Fed is encouraging traders to resume the ...read more


Peak Oil and Inflation

Jun 16th, 2008 | By | Category: Currencies, Gold, Oil
Oil has become the “anti-dollar” of modern times. Oil is now serving as the source of global monetary discipline that gold used to perform. Oil is the energy life-blood of all modern economies. So when a nation debauches its currency, the oil markets react instantly. And oil will not accept monetary ...read more


The Danger of Stagflation

May 15th, 2008 | By | Category: Macro Economics
The American electoral system has never been designed to protect sound finance, and it has become more dangerous as the federal government and the Federal Reserve itself have become more skillful at manipulating the economy of the United States. The process of running before every gust of wind reached its ...read more


The Secret Subject of Money

Apr 24th, 2008 | By | Category: Currencies, Macro Economics
“...Just like the Bank of England, the U.S. Fed seems to have Britney-sized ‘issues’ with its core stock-in-trade — money itself...” PROFESSOR TIM BESLEY, one of the nine people chosen to set interest-rate policy at the Bank of England in London, gave a speech on Tuesday about “Inflation and the Global ...read more