Monetary Policy, the Federal Reserve, and the National Debt Problem
byThe following testimony was delivered before the House of Representatives Subcommittee on Domestic Monetary Policy and Technology, chaired by Congressman Ron Paul (R-Texas), on…
Federal Reserve
Nothing Solved! – An outlook
by Detlev SchlichterWant to know what is the biggest threat to your prosperity? Look no further than the policy statement released last night by the U.S….
A Gedankenexperiment with Flour
by Sean CorriganImagine a country where the average household routinely spends half its $100 income on buying in 4,000 calories a day of flour and half…
The meaning of the neutral interest rate
by Dr Frank ShostakThe idea of a neutral interest rate emanates from the writings of the Swedish economist Knut Wicksell. According to Wicksell, There is a certain…
Federal Reserve Accounting and Its Solvency
by Anthony J. EvansA good article from Jeffrey Rogers Hummel at George Mason’s History News Network: The Federal Reserve’s H.4.1 Release for January 6, 2011, announced an…
My Journey to Austrianism via the City
by James TylerI have spent the best part of the last two decades pitting my wits against the market. It’s an unforgiving game: I’ve seen ups and downs, and many of my rivals buried under an avalanche of hubris, passion, illogical thought and unchecked emotion.
I have witnessed the sheer folly of the ERM crisis, the Asian crisis, the failure of the Gods at Long Term Capital Management and the insanity of the tech boom.
I have enjoyed the ‘NICE’ decade (Non-Inflationary Constant Expansion), and scared myself silly during the credit crisis.
I am a trader. […]
Alan Grayson: Is Anyone Minding the Store at the Federal Reserve?
by Dr Tim EvansA trillion here, a trillion there … why worry about where it goes? Unbelievable. This is a high quality version of the Financial Services…
Richard W. Fisher: Monetary Policy Responsibility Cannot Substitute for Government Irresponsibility
by Andy DuncanRichard W. Fisher is President and CEO of the Federal Reserve Bank of Dallas and serves as a member of the Federal Open Market…
Bloomberg: Fed May Hesitate on More Easing After Critics Question Mandate
by Tom BurroughesFed May Hesitate on More Easing After Critics Question Mandate It was with a certain wry amusement that I read on Bloomberg about how…
Ron Paul: Inflation is Taxation without Representation
by Andy DuncanCongressman Ron Paul celebrates the birth of The Creature from Jekyll Island by running through its accomplishments on CNBC. The Congressman also spares some…