Gold Standard

Both Republicans and Democrats think they can tinker their way to creating an economy with less inequality. Both sides miss the point, and ignore the central role of government fiat money in the problem.

While not at all perfect, the classical gold standard of the late nineteenth and early twentieth century facilitated some of the greatest leaps in economic prosperity ever witnessed. Marcia Christoff-Kurapovna surveys the views of central bankers and economists of the time.

Joseph Salerno Interviewed on Gold Standard, Fiat Money...

Backed into a corner and facing grim economic prospects, the Russian government may conclude that its best bet is to adopt some type of gold standard. The resulting panic in the West would be interesting to watch.

Interviewed by host Elijah Johnson, Mark Thornton explains how the Austrian view of economics contrasts

Patrick Barron discusses how switching to sound money could change the global economy for the better.

Fed management of the economy and the business cycle has only gotten much worse as it has grown more powerful and destructive. As the Federal Reserve has become more powerful, job losses have generally more severe and the duration of the recovery process has gotten progressively longer.

A quick look at some coverage of the Swiss gold initiative.

The  Swiss gold initiative has failed, and although it was portrayed as a very radical bill by supporters of fiat money, it was a very mild effort that would not have done much to limit the Swiss central bank.

The Netherlands and Germany have disaster plans for the Euro. Do you?