Friday, 21 November 2014
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    Business Vision: Free Your Mind

    Unconventional monetary policy? Or, asset purchasing (only more so)

    November 20, 2014
    You’ve probably heard it said that the Federal Reserve resorted to unconventional monetary policy to deal with the so-called Great Recession. Usually, discussions of the Fed’s unconventional monetary policy center on whether it has been effective. I’d like to consider a different angle: Was the Fed’s monetary policy unconventional? To assess whether the Fed is […]
    Accounting And Finance

    Government money…

    November 19, 2014
    … is not Sound Money “I am convinced we shall never have good money again so long as we leave it in the hands of government. Government has always destroyed the monetary systems.” *  Sound money is private money—government-issued monopoly currency has never been a stable standard of value. For centuries rulers have decreed what […]
    Foreign Currency Exchange Stock Market as Concept

    A global currency for a global economy: a real SDR currency board

    November 18, 2014
    By Dr. Warren Coats   Introduction Since the collapse of the gold standard and the Bretton Woods system in the early 1970s, the resulting international monetary system (IMS) has supported a dramatic growth in world trade and finance remarkably well. Yet the system of market determined or managed exchange rates, which suited well a world […]
    CMC

    Recap of the 32nd Cato Monetary Conference

    November 17, 2014
    On November 6th, The Cato Institute in Washington DC held the 32nd Cato Monetary Conference. Last year, the topic of the conference was an assessment of the 100 years of the Fed. This year, the theme of the conference was about proposals and possibilities of institutional and monetary reforms and the whole Sound Money Project […]

    Greenspan back to gold? Peter Schiff reports

    November 10, 2014
    Peter Schiff writes “A couple weeks ago, we reported on Alan Greenspan’s prediction that the price of gold would rise. He said this at the New Orleans Investment Conference. In an interview at the Council on Foreign Relations (CFR) the next week, Greenspan commented even more on gold, though the CFR did not publish his […]
    Piggy bank with coin over it. Modern Flat design vector illustration concept.

    Do higher reserves reduce bank risk?

    November 10, 2014
    During the 2008 financial crisis, many banks became illiquid and did not have enough cash reserves to pay their debts. The Fed responded to the liquidity shortage by paying banks to hold more reserves. The policy of paying interest on reserves (IOR) is intended to make banks safer, but can higher reserves actually increase risk? […]

    Atlas Sound Money Project team participates at Cato 2014 Monetary conference.

    November 7, 2014
    Most of the team of the Atlas Sound Money Project attended the Cato Institute Monetary Conference. Dr. Judy Shelton, co-director of the project spoke on “Building an Orderly and Ethical International Monetary System,” Senior fellow, Dr. Jerry L. Jordan, who knows more than any other person I know how the Fed interacts with banks spoke […]
    Americas

    Is the U.S. the right geographical benchmark for the Fed?

    November 5, 2014
    Last Wednesday, the Federal Reserve announced that the QE policy has reached its end. After commenting on the improvement of U.S. economic indicators, the announcement states that “[a]ccordingly, the Committee decided to conclude its asset purchase program this month. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency […]