Tuesday, 21 October 2014

Monthly Archives April 2011

Neutral Money?

April 28, 2011

The idea of money neutrality is a cornerstone in formal monetary theory. It is not free, however, of some controversy. If there are changes in money supply, why will the economy converge to the same equilibrium and not to a different one? If changes in money have a neutral effect in the long run, then […]

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“Inflation – What It Is, What It Isn’t” – Nasdaq

Posted by Tom Duncan
April 28, 2011

“Depending on what you read, your political leanings, and philosophical beliefs, some scenarios like these could be on your mind. But reality is seldom that outrageous, so here is what I think will happen. First of all, prices are going up. Economists have underestimated increases because, whenever a trend emerges, the bean counters are always […]

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“Debt Limit Standoff: 10 Things to Watch” – The Hill

Posted by Tom Duncan
April 27, 2011

“Republicans and Democrats on Capitol Hill are strategizing for what is expected to be a bruising debate on raising the nation’s debt limit and reining in government spending. The Obama administration has set an early-July deadline for lifting the $14.3 trillion debt ceiling, a move that congressional leaders agree must be done.But some Tea Party […]

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“Bernanke’s Code: A Guide to Fed Chairman’s First Q&A” – WSJ

Posted by Tom Duncan
April 27, 2011

“When Federal Reserve Chairman Ben Bernanke makes his debut press conference Wednesday, his every word will be parsed for signs of where he hopes to take U.S. monetary policy. Specifically, many people want to know when the central bank will begin raising interest rates, and when it will begin off-loading some assets, including Treasurys and […]

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Some light reading…

Posted by Gonzalo Schwarz
April 26, 2011

For the next couple of weeks I will be unable to post a new article, but in the meantime if you would like to continue learning about sound money, inflation, and other related topics I encourage you to read: On The Origins Of Money By Carl Menger …In primitive traffic the economic man is awaking but […]

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“Debt-Ceiling Strategies” – NRO

Posted by Tom Duncan
April 26, 2011

“The conventional wisdom in Washington — on the left and among many on the right — is that the debt ceiling must be raised in order to avoid defaulting on the national debt, a potentially catastrophic scenario, the thought of which has business and financial leaders lobbying hard to raise the ceiling. Plenty of conservatives […]

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