The Future of Money Conference
byLast Friday I had the pleasure of giving the keynote speech at the Future of Money Conference in Leipzig. This was one of the…
Honest Money
by Jeffrey P. Snider: Wealth Paradox Not Effect
byby Jeffrey P. Snider US Household Net Worth rose to a record $94.8 trillion in Q1 2017. According to the Federal Reserve’s Financial Accounts…
Money out of “thin air” and economic cycles
byAccording to the Nobel Laureate in Economics, Milton Friedman, the root of the business cycle is the fluctuations in the growth rate of money…
Does the price of oil determine general increases in the prices of goods and services?
byA very good visual correlation between the yearly percentage change in the consumer price index (CPI) and the yearly percentage change in the price…
Rapid money growth and inflation – is there a connection?
byIn the article “Rapid money supply growth does not cause inflation” written by Richard Vague at the Institute for New Economic Thinking, December 2,2016…
The War on Cash: Haldane Edition
byThe Adam Smith Institute have recently published my report “Killing the Cash Cow: Why Andy Haldane is Wrong on Demonetisation” on Andy Haldane’s proposal…
Bring Back the Gold Gilt
byThis essay was submitted to the Richard Koch Breakthrough Prize for 2017. Executive Summary Our monetary system imposes a form of central planning, based…
Gini and monetary policy
byOr how central bankers are ducking the wealth transfer issue Central banks must be increasingly aware that critics of monetary policy are getting some…
Should cash be eliminated?
byAt the World Economic Forum in Davos Switzerland, Joseph Stiglitz the Nobel Prize-winning economist argued in favor of phasing out currency and moving towards…
Great news for fans of monetary freedom – Liberty Dollar minter Bernard von NotHaus gets a presidential pardon …
by… from president-elect Trump on the day before his inauguration: Readers will remember my dear friend Bernard, the Liberty Dollar man and self-confessed…