Saturday, 29 November 2014

Monthly Archives December 2009

Meltdown

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December 16, 2009

“President Obama rammed through his new stimulus bill, warning of an irreversible recession if Congress failed to act. But bestselling author Thomas E. Woods Jr. warns that Obama’s “stimulus package” will do far more damage to our economy than even the Republicans in Congress realize. In his New York Times bestseller, Meltdown, Woods shows how […]

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“No More Central Banks”

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December 16, 2009

“Currency crises have become more and more frequent in part because speculators can mobilize more and more money. A generation ago, central banks, like the U.S. Federal Reserve System, had more money than anyone else and weren’t afraid to use it to punish speculators. Today, big currency speculators like Mr. Soros can borrow more money […]

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Without Sound Money, Markets Fail

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December 16, 2009

“Nobel Economics Laureate F.A. Hayek summed up the enigma of money succinctly: “Money, the very “coin” of ordinary interaction, is [hence] of all things the least understood and—perhaps with sex—the object of greatest unreasoning fantasy; and like sex it simultaneously fascinates, puzzles and repels.” John Maynard Keynes was right about money before he was wrong […]

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“Gold Standard Policy and Limited Government”

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December 16, 2009

Are monetary and banking problems due to a few misguided policies or incompetent managers? Or are there fundamental flaws in monetary and financial institutions, principally central banks and the legal and monetary frameworks that accompany them? “Gold Standard Policy and Limited Government” Richard H. Timberlake, Jr. Found in: Money and the Nation State ed. Kevin […]

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