Bernanke on the Federal Reserve’s exit strategy
byFederal Reserve Chairman Ben S. Bernanke has given testimony before the Committee on Financial Services of the U.S. House of Representatives. If you thought…
100% reserve banking
Laurence Kotlikoff’s “Jimmy Stewart is Dead”
byJimmy Stewart plays George Bailey who is cast as the “honest” and trustworthy banker in the classic Hollywood film, “It’s a Wonderful Life.” Kotlikoff’s…
De Soto and the Relevance of his Banking Reform Proposal Today
byThis has been copied from Money, Bank Credit, and Economic Cycles which can be downloaded here or bought here. PREFACE TO THE SECOND ENGLISH…
A Pro-Free-Market Program for Economic Recovery, by George Reisman
byGeorge Reisman is one of the most educated and intelligent men on the planet. He was one of only four people the great master…
Greg Mankiw Ponders Greenspan’s Paper the Crisis and Considers 100% Reserves
byWe are grateful to Robert Arbon for pointing out this article on Greg Mankiw’s Blog: I just returned from the spring meeting of the…
Free Banking, the Balance Sheet and Contract Law Approach
byFor new readers to this site who are not aware of the debate that exists within the Austrian School, there are those who are…
Presbyterian Mutual Society and a Solution to Pay out all its Creditors and its Place in the Honest Money Movement
byA bank , building society that uses factional reserves, lends long and pays out short is only going to exist should confidence be kept…
Buchanan: The Constitutionalization of Money
byJames M. Buchanan (Nobel Laureate, economics, 1986) on reform of the monetary regime through constitutional 100% reserves: The market will not work effectively with…
Darius Guppy is spot on about the bank credit creation process
byVia Darius Guppy: our world balances on a sea of debt What is needed is a root and branch re-evaluation of that most curious…
How much is your pound or dollar actually worth since government has been in control of money?
byThe answer is that the US dollar has lost 98.17% of its purchasing power and the pound sterling 99.42% of its purchasing power. Well done…