The Fed
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More Than Quibbles: Problems with the Theory and History of Fractional Reserve Free Banking
Are holders of banknotes implicitly lending funds to the issuing bank? Do historical periods of relatively free banking illustrate the stability of the system? A response to Bagus and Howden.
Digital Cash: Another Dangerous New Idea in Monetary Policy
"Digital cash" is the latest terrible idea from those who want to give central banks more power to meddle in the economy.
Bitcoin, Gold, and the Battle for Sound Money
Bitcoin is a shot across the bow at government’s monopoly control of money. While no one in the US appreciates the direction money is going, others are waking up.
Jeff Deist on the Fed, Foreign Policy, and the Sri Lanka Terrorist Attack
Jeff Deist joins David Gornoski to discuss runaway government spending and media influence.
Is Libertarianism Amoral?
Conservatives have often claimed that that the libertarian (aka "classical liberal") alleges "human freedom as the single moral imperative. " But I doubt a single example of this could be found in the whole history of liberalism.
Your Move, Gold Critics: Please Explain What Money Is
Stated simply, gold-standard proponents seek a dollar that is widely trusted as a constant measure of value. Nothing more. Nothing less.
Will Democrats Rally Behind a Herman Cain Fed Nomination?
It will be interesting to see how Trump critics handle Mr. Cain. He has the one quality Elizabeth Warren and other Democrats have chosen to focus on when it comes to a Federal Reserve nominee: he isn’t a white guy.
It’s Not a Recession, It’s a “Global Economic Slowdown”
Pundits are hoping that instead of a crisis, we just get a "global economic slowdown." Given the damage done by central banks, a sustained slowdown would be a best-case scenario.
Fractional Reserves and the Fed
In this testimony to Congress, Joseph Salerno describes how to fix the problem of fractional reserve banking.
