Saturday, 18 November 2017

Monthly Archives September 2011

Sound Money: Fight For It!

Posted by Gonzalo Schwarz
September 30, 2011
in Blog

As a thought experiment, suppose you knew you were going to die three months from now. Further, suppose some multibillionaire hears of your impending death and decides to make you an offer: He will produce a 30-second TV commercial of your final message to the world and air it during the 2012 Super Bowl and […]

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Operation Twist: Not What the Doctor Ordered

Posted by Gonzalo Schwarz
September 29, 2011
in Blog

Operation Twisted Logic Mises Daily: Monday, September 26, 2011 by Detlev Schlichter Last week the US Federal Reserve delivered no real surprises. Its new policy was expected by the market and those members of the public who still follow the central bank’s every move with interest and, I can only assume, in the misguided belief […]

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The Economics of Deflation

Posted by Gonzalo Schwarz
September 28, 2011
in Blog

The Economics of Deflation | Jörg Guido Hülsmann Archived from the live Mises.tv broadcast, this lecture by Guido Hülsmann was presented at the 2011 Mises University in Auburn, Alabama.

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Do we really need a Central Bank?

Posted by Alex Chafuen
September 28, 2011
in Blog

Several years ago Dr. Kurt Schuler, (to know more about him check http://www.centerforfinancialstability.org/KSchuler.php) wrote a book trying to answer the question, “do developing countries need central banks?”   He conducted part of his outstanding research during a short fellowship at Atlas.  His book was later published by the Institute of Economic Affairs (U.K.).   Kurt […]

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Utah Money Summit: sound money champions gather to promote reform

Posted by Alex Chafuen
September 26, 2011
in Blog

With Utah’s civil society leading the way to defend our human right to choose our means of payment, it was only fitting that part of my introduction was devoted to the sound people who promote sound money. “The first speaker for this program made reference to the road, perhaps providential, which brought so many of […]

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Conference on a Stable Dollar: Why We Need It and How to Achieve It

Posted by Gonzalo Schwarz
September 26, 2011
in Blog

Leaders across the nation are becoming increasingly concerned about the possibility of rising inflation and a falling dollar. Others are less worried about the level of the dollar than they are about the volatility of the dollar exchange rate against other major currencies. American leaders have long emphasized the importance of a strong dollar and […]

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Can the European Monetary Union Survive Greece?

Posted by Gonzalo Schwarz
September 26, 2011
in Blog

Failure to act carries the “threat of cascading default, bank runs and catastrophic risk,” [U.S. Treasury Secretary Timothy F.] Geithner said in a Sept. 24 statement to the IMF, his strongest public lobbying yet.

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“The Ten Best Books on Money”

Posted by Gonzalo Schwarz
September 26, 2011
in Blog

Lecture presented by David Gordon at the Ludwig von Mises Institute’s “Choice in Currency: A Path to Sound Money” seminar held in Vancouver, British Columbia, Canada; 13 September 2008. Sponsored by Almaden Minerals, Ltd. http://mises.org image from libertarianpapers.org

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Mirage or truth?: Economic Freedom going down but access to sound money improving

Posted by Alex Chafuen
September 21, 2011
in Blog

Fraser Institute released its new index of economic freedom. The data shows that economic freedom in the world has been going down during the last two years of the study.  Yet, the scores for “access to sound money” are as high as ever.   I have yet to look at all the figures but on […]

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When You Absolutely, Positively MUST Have Inflation

Posted by Gonzalo Schwarz
September 19, 2011
in Blog

Technically speaking, a policy of upholding or expanding the fiat-money stock in an environment where banks are no longer willing to extend credit and issue new fiat money appears to be technically possible.

However, the Austrian School of economics points out that an economy’s production structure will be turned upside down once the hitherto relentless rise of fiat money…

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Gold vs Discretion

Posted by Gonzalo Schwarz
September 16, 2011
in Blog

Congressman Ron Paul and Charles Partee, then a member of the Federal Reserve Board of Governors, debate the Gold Standard at the first Mises Institute conference, held on November 16-17, 1983. Dr. Paul begins with the issue that many who reject outright the idea of the central planning of any area of the economy “whole […]

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Antony Fisher seeking funds to promote sound money (from a 1985 letter)

Posted by Alex Chafuen
September 11, 2011
in Blog

Early in the history of Atlas, Antony Fisher, its founder, was fundraising for a program to promote sound money.  In 1985, a few months before I arrived to Atlas, he wrote to a potential donor: “I have been offered $50,000 towards the cost of a publication on the history of money. I believe that one […]

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Fiat Legal Tender: Driving fast with the lights off

Posted by Gonzalo Schwarz
September 7, 2011
in Blog

“Faced with the problem of deciding between this and that, we are not entitled to look to Economics for the ultimate decision.  There is nothing in Economics which relieves us of the obligation to choose.  There is nothing in any kind of science which can decide the ultimate problem of preference.  But, to be completely […]

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Judy Shelton recommends China to engage in monetary reform on Live TV

Posted by Alex Chafuen
September 6, 2011
in Blog

The co-director of the Sound Money Project at Atlas, Judy Shelton, recommends the Chinese government to engage in monetary reform.  Other aspects of the interview are also very constructive.  Watch this short video on http://english.cntv.cn/program/china24/20110905/103505.shtml

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A Swiss initiative which could bring us true monetary reform

Posted by Alex Chafuen
September 2, 2011
in Blog

Walter Grinder, that great educator, economist, thinker, and former Atlas trustee, alerted us to this article which can be a source of optimism for lovers of sound money: http://dailyreckoning.com/monetary-reform-the-beginning-of-the-beginning/ A key paragraph: “The creation of a Gold Swiss franc and the free coinage thereof, along with the repeal of taxation by the U.S. of gold and […]

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