Tags: monetary policy

More Evidence the Fed Has Been a Failure

December 20th, 2014
in Op Ed

More evidence which supports a yes answer to the question "Has the Fed Been a Failure?" (Cato Institute Working Paper No. 2 (December). Thomas L. Hogan writing on the Sound Money Project blog highlights his forthcoming paper in the Journal of Macroeconomics, "Has the Fed Improved more »

Draghi's Plea for Europe is an Admission the U.S. Got It Right

September 2nd, 2014
in Op Ed

Mario Draghi almost single-handedly rescued the Eurozone from disaster two years ago, by pledging to do “whatever it takes to preserve the euro”, so the appeal from the European Central Bank (ECB) chief for more use of fiscal policy to avoid another slump deserves a sympathetic more »

Another Crisis of Confidence in the Dollar is Coming

August 22nd, 2014
in Op Ed

On August 15, 1971, a quiet Sunday evening, President Richard Nixon took to the airwaves, preempting the most popular television show in America, to announce his New Economic Policy. The government was imposing national price controls and a steep surtax on foreign imports and more »

How Economies Collapse

August 8th, 2014
in Op Ed

Systemic Friction and Debt Are Self-Liquidating Paying for unproductive friction with borrowed money has generated the illusion that free to me is actually free - it isn't. We all understand how friction slows our progress: flatten the tires on a bi… more »

The Flip Side of Debt Free Money

July 15th, 2014
in Op Ed, syndication

Written by Scott Baker Randy Wray's article - http://econintersect.com/a/blogs/blog1.php/debt-free-money-a-non - which I can't help thinking was at least partly inspired by a monetary reform offline email conversation we had for a few days before this… more »

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