Monetary Policy

Displaying 81 - 90 of 352

Central Banks Turn to Gold as Losses Mount

Monetary Policy

Blog01/23/2023

The only reason central banks buy gold is to protect their balance sheets from their own monetary destruction programs; they have no choice but to do so.

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The Fed’s Quantitative Easing Gamble Costs Taxpayers Billions

Monetary PolicyMoney and BanksU.S. Economy

At current interest rates, the Fed’s operating losses will impact the federal budget for years, requiring new tax revenues to offset the continuing loss of billions of dollars in the Fed’s former remittances to the US Treasury.

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How Can We Restore Freedom and Sound Money in the US and the UK? Some Ideas

Bureaucracy and RegulationFree MarketsMonetary PolicyGold Standard

Blog01/18/2023

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.

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The Chimera of a Postpandemic Postwar Return to Monetary Normal

The FedInflationMonetary Policy

Blog01/12/2023

Government and monetary authorities claim that the worst of the postcovid lockdown disruptions are past and a "return to normal" is just around the corner. It will be a very long corner.

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The Great Depression's Patsy

Booms and BustsKeynesMonetary PolicyGold Standard

Blog01/12/2023

Poplular history says that massive government spending—made possible by ending the gold standard—ended the Great Depression. As usual, popular history is wrong.

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Father Time versus Central Bankers

Central BanksThe FedMonetary PolicyU.S. EconomyMonetary TheoryMoney and Banking

Blog12/14/2022

Only Father Time helps us cut through the policy nonsense and understand interest rates conceptually.

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And So It Begins: Digital Currency Becomes Possible in our Future

Monetary PolicyU.S. EconomyMoney and Banking

Blog12/13/2022

While monetary authorities and progressives would like to have a digital currency implemented, it is a backward step for monetary freedom.

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Economic Growth Requires Savings, Not Money Pumping

Central BanksMonetary Policy

Blog12/13/2022

Keynesians believe that economic growth can occur only with an expanding supply of money. Growth doesn't need more money; it needs more savings.

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The "Barbarous Relic" Helped Enable a World More Civilized than Today's

KeynesMonetary PolicyGold Standard

Blog12/12/2022

John Maynard Keynes derided gold-based money as a "barbarous relic," yet it was gold that enabled a long regime of honest money -- and the advance of civilization.

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