Friday, 19 December 2014

Monthly Archives April 2012

Robert Wenzel’s ‘David’ Speech Crushes Federal Reserve’s ‘Goliath’ Dream

Posted by Gonzalo Schwarz
April 27, 2012

Submitted by Tyler Durden In perhaps the most courageous (and likely must-read for future economists) speech ever given inside the New York Fed’s shallowed hallowed walls, Economic Policy Journal’s Robert Wenzeldelivered the truth, the whole truth, and nothing but the truth to the monetary priesthood. Gracious from the start, Wenzel takes the Keynesian clap-trappers to task on almost every […]

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The US Dollar Vs. Gold

Posted by Gonzalo Schwarz
April 27, 2012

by Jim Willie CB - Hat Trick Letter   The so-called Global Financial Crisis is a term so widely used that it has earned its own acronym of GFC. When first seen, it seemed like girl friend club or some such, since many friends use GF loosely to refer to sweethearts. The GFC is falsely named, since it is more accurately […]

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Is There No Escape from the Euro?

Posted by Gonzalo Schwarz
April 27, 2012

by Philipp Bagus As I discussed recently, the costs and risks of maintaining the eurozone system are already immense and rising. So is an exit possible? Intuitively, the exit from the euro should be as easy as the entrance. Joining and leaving the club should be equally simple. Leaving is just undoing what was done before. Indeed, many popular […]

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Congratulations Video Contest Winners!

Posted by Gonzalo Schwarz
April 25, 2012

The Sound Money Project is excited to announce the 2012 winners of the Sound Money video contest. Please join us in congratulating the winners, and don’t forget to watch all the videos!  1st place: “Dear Inflation, Please Go Away” By Micah Fitzkee   2nd place: “Money – What is it?” By Chesterton Cobb Honorable Mentions:   “Atlas Sound […]

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A Gold-based Currency Board, Please

Posted by Gonzalo Schwarz
April 25, 2012

by Steve H. Hanke   This article appeared in the May 2012 issue of Globe Asia. Until early in the 20th century, gold played a central role in the world of money. Gold had an incredible run — almost three thousand years. And why not? After all, Professor Roy Jastram convincingly documents in The Golden Constant just how […]

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Think The US Student Loan Bubble Is Bad? You Ain’t Seen Nothing Yet

Posted by Gonzalo Schwarz
April 24, 2012

Note to the Federal Government: Champagne bubbles are good. The bubbles you’ve been giving us? Not so much. Submitted by Tyler Durden By now virtually everyone has seen some combination of the two charts, showing the  magnitude of the student loan bubble, a topic which even Goldman Sachs decided to take on last week: The amount of student […]

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