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InflationMonetary PolicyU.S. EconomyGold Standard
In the wake of bad news on inflation, the Federal Reserve is pushing up interest rates. However, a Fed-induced higher rate is not the same as an interest rate decided by the market.
KeynesMonetary PolicyU.S. HistoryWorld HistoryGold Standard
Keynes denounced monetary gold as "a barbarous relic." In the end, it will be that "barbarous relic" that overthrows the regime of paper currency.
The FedMoney and BanksGold StandardMonetary Theory
Monetary authorities have come up with numerous clever ways of measuring money. However, they are unable even to define money, much less measure it.
Government interference into money creation and production harms the economy in a number of ways, including skewing the organization of division of labor.
U.S. HistoryBusiness CyclesGold StandardMonetary Theory
Fiat money is the fuel of the modern Leviathan state. If we wish to have freedom, we must have sound money.
Bureaucracy and RegulationFree MarketsMonetary PolicyGold Standard
It is no secret that freedom, both socially and economically, are disappearing in the USA and Great Britain. The consequences will be most severe if we do not reverse these patterns.
Gold StandardMoney and Banking
Once upon a time, the USA had sound, reliable money. Then, a small group of "really intelligent" people decided to "improve" it. We know the rest of the story.
Booms and BustsKeynesMonetary PolicyGold Standard
Poplular history says that massive government spending—made possible by ending the gold standard—ended the Great Depression. As usual, popular history is wrong.
Monetary PolicyMoney and BanksGold StandardMonetary TheoryMoney and Banking
The fiat monetary system is slowly breaking down, taking the economy with it.
Money and BanksGold StandardMonetary Theory
In a market economy, gold is sound money. There is no need for monetary authorities when gold rules.