Saturday, 18 November 2017

Monthly Archives November 2012

Lewis E. Lehrman on “The Larry Parks Show”

Posted by Gonzalo Schwarz
November 30, 2012
in Blog

From thegoldstandardnow.org: For more than 40 years, Lewis Lehrman, Co-Chairman of the Gilder Lehrman Institute of American History, has taken a leadership role in promulgating gold as money. Here, he discusses overcoming objections to eliminating paper money.  

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Job Creation via Jobless Benefits and Fed Money Printing : Signs of a Modern Day Depression

Posted by Gonzalo Schwarz
November 30, 2012
in Blog

by Tim Iacono When reading Wall Street Journal stories such as CBO: Unemployment Extension Would Add 300,000 Jobs, it’s easy to come away with the impression that the economic world we live in is radically different than it was just a few years ago. And, now almost three-and-a-half years after the Great Recession officially ended in 2009, […]

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“A worldwide experiment in price suppression” -Jim Grant

Posted by Gonzalo Schwarz
November 30, 2012
in Blog

From valuewalk.com: Jim Grant, discusses ‘market manipulation’ by global central banks. He thinks that interest rates are being repressed, and calls it financial repression. Jim Grant compares Ben Bernanke and other Central Bankers’ actions should be talked about, just as insider trading is. The video:

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Central Banks’ Gold Likely Gone

Posted by Gonzalo Schwarz
November 30, 2012
in Blog

Pay no attention to the men behind the curtain… By: Gregg Hunter Money manager Eric Sprott says, “The central banks’ gold is likely gone with no realistic chance of getting it back.” Don’t expect this revelation to get any coverage by the mainstream media. In an interview last week, Sprott’s analysis was met with words […]

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Inflation and Monetary Manipulation as Incentives for Corruption

Posted by Alex Chafuen
November 29, 2012
in Blog

by Alex Chafuen The Adam Smith Institute (U.K.) has published a valuable piece reminding readers about the corrupting effects of inflation.   My professor of professional ethics, at the Catholic University of Argentina, taught us that printing money was “lying, knowing that you are lying, and stealing, knowing that you are stealing.”[1]   But the ethics of […]

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An Age of Illusionists

Posted by Gonzalo Schwarz
November 29, 2012
in Blog

Remember, all spending is a tax. It has to come from somewhere. It’s coming out of the value of your Dollar. by Steve H. Hanke Watching Barack Obama and Mitt Romney duel in the presidential campaign should have convinced the spectators that we live in an age of illusionists. Few of the assertions and conjectures […]

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Bid Farewell To Pennies And Nickels!

Posted by Gonzalo Schwarz
November 29, 2012
in Blog

Amazingly, the government is capable of losing money by making money. From wealthwire.com: The penny has run out of luck, both in Canada and in the United States. Back in March, the Royal Canadian Mint announced that they were phasing out the penny due to “low purchasing power and rising production costs”, according to CBC News. […]

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We’re All Currency Manipulators Now

Posted by Gonzalo Schwarz
November 29, 2012
in Blog

by Azizonomics The BBC reports: The US has decided not to declare China as having manipulated its currency to gain an unfair trade advantage. But the Treasury did say that China’s currency, the yuan, remains “significantly undervalued” and urged China to make further progress. In its semi-annual report, it said Beijing did not meet the criteria […]

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Inflation, Unemployment, and Gold

Posted by Gonzalo Schwarz
November 28, 2012
in Blog

Written by Kathleen Packard Washington Post’s Neil Irwin wrote after the election, “To economists, inflation is the dog that didn’t bite. Despite fears among commentators that the Federal Reserve’s easy money policies would cause rising prices, the consumer price index rose only 2 percent over the last year, exactly what the Fed aims for. And investors […]

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Are Turkey and Iran Showing the Way…

Posted by Gonzalo Schwarz
November 26, 2012
in Blog

…That the World Will Adopt a Gold Standard by Necessity? Turkey Swaps Gold for Iranian Gas Loophole in Western Sanctions Allows Iran to Buy Gold in Turkey With Turkish Payments for Gas Imported From Iran By JOE PARKINSON and EMRE PEKER ISTANBUL—Turkey on Friday acknowledged that a surge in its gold exports this year is related to payments […]

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Sound money? Pah!

Posted by Gonzalo Schwarz
November 26, 2012
in Blog

By Chris Dillow Stock markets rise and fall with US inflation expectations We need more inflation. That’s the message of stock markets. For a long time, there has been a huge correlation between US inflation expectations, as measured by the gap between 10-year Treasury yields and their inflation-proofed equivalents, and the S&P 500; since January […]

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Bulgaria: Fifteen Years Later

Posted by Gonzalo Schwarz
November 22, 2012
in Blog

By Steve H. Hanke The first of July marked the anniversary of a momentous day in Bulgarian history. On that day, fifteen years ago, Bulgaria installed its currency board system (CBS), finally ending its hyperinflation, which had peaked with a monthly inflation rate of 242%, in February 1997. But, I am getting ahead of myself. […]

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Thanks to Kurt Schuler for this new book about Bretton Woods and the origins of the IMF

Posted by Alex Chafuen
November 14, 2012
in Blog

In the introduction to this e-book, Steve H. Hanke and former executive director of the IMF, Jacques de Larosière write “It has been almost seventy years since Bretton Woods, New Hampshire hosted one of the world’s most important financial conferences. The Bretton Woods conference was a star-studded affair — one in which the postwar rules of […]

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The Money and Banking Quiz

Posted by Gonzalo Schwarz
November 13, 2012
in Blog

by PaulC If you’re reading this, I suspect that you already have a good understanding of the fraudulent nature of our monetary and banking system (or are well on your way to figuring it out). But how do you communicate that knowledge to someone who has no idea? If you’ve ever tried, you know it’s […]

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“Fool’s Gold” Standards

Posted by Gonzalo Schwarz
November 12, 2012
in Blog

by John P. Cochran In a recent Mises Daily, “A Golden Opportunity,” Patrick Barron and Godfrey Bloom make the case for Germany to withdraw from the monetary union combined with a strong argument that “a golden Deutsche Mark is possible and desirable.” This recommendation may be a step in the right direction, but it leaves Germany with a central […]

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Doug French’s Top 10 Books on Money

Posted by Gonzalo Schwarz
November 12, 2012
in Blog

Episode 66: GoldMoney’s Andy Duncan speaks to Doug French about his 10 favourite books written by Austrian school economists on the subject of money. Mr French is the senior editor at Laissez Faire Books and is a former President of the Ludwig von Mises Institute, in Auburn, Alabama. Here are the 10 main books discussed: 10) […]

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“Roads to Sound Money” Book Release

Posted by Gonzalo Schwarz
November 11, 2012
in Blog

The Sound Money Project of the Atlas Network is proud to announce the release of its newest publication, Roads to Sound Money. Please join the Atlas Network for the launch on Wednesday, November 14 at 5 pm in the South American room at the Capital Hilton in Washington DC (16th and K Street). The event […]

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Is the Fed Playing Chicken with Inflation?

Posted by Devin Roundtree
November 9, 2012
in Blog

According to the Bureau of Labor Statistics, consumer prices have risen only 2% since this time last year. But according to my eyes this is nonsense. For example, over the last month I have twice experienced the effects of large price increases with regards to America’s favorite poultry, chicken. During one weekend I was desperate […]

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There’s Still a Case for Gold

Posted by Gonzalo Schwarz
November 9, 2012
in Blog

by Ron Paul Thirty years after its first publication in 1982, The Case for Gold remains remarkably timely. The Case for Gold is the minority report of the U.S. Gold Commission and lays out a thorough and comprehensive defense of sound money. Today, The Case for Gold remains a timeless piece of scholarship, offering successive generations both a prescient warning and […]

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Panic in Persia as Hyperinflation Hits Iran

Posted by Gonzalo Schwarz
November 8, 2012
in Blog

by Steve H. Hanke For decades, the Iranian economy has been cobbled together by religious-bureaucratic regimes that have employed mandates, regulations, price controls, subsidies and a wide variety of other interventionist devices, in an attempt to achieve their goals. It’s all been kept afloat – barely afloat – by oil revenues. Shortly after Mahmoud Ahmadinejad […]

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Dr. Hanke Hyperinflation with BBC Radio

Posted by Gonzalo Schwarz
November 8, 2012
in Blog

Dr. Steve Hanke talks with BBC radio about hyperinflation. Dr. Hanke has been studying hyperinflationary episodes, including the monetary problems currently bubbling up in Iran.   image: flickr.com/sokwanele

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Good Money Is Real Money

Posted by Gonzalo Schwarz
November 5, 2012
in Blog

by Doug French One of the key pillars to returning money to the people, as Ron Paul mentions in a new edition of The Case for Gold which will be released this week for free to Laissez Faire members, is to undo government’s monopoly on money creation. None of us can imagine what that would be like […]

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The European Central Bank on Bitcoins

Posted by Gonzalo Schwarz
November 2, 2012
in Blog

by Robert Wenzel I have finally had a chance to read in full the unsigned report by the European Central Bank that I mentioned earlier this week. The report is quite impressive.The report clearly states the advantages of Bitcoins versus current credit/debit cards: Firstly, transactions are anonymous, as accounts are registered and Bitcoins are sent […]

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Pity the Central Banker

Posted by Gonzalo Schwarz
November 2, 2012
in Blog

By Ingolf Eide If central banking were a stock, you’d go short. Blue-chip mystique still clings to it but you can feel the reputational parabola slowly gathering momentum on the downside. Its projects are too large and diffuse, the resources to achieve them too crude and there are mounting signs of unhappiness and confusion at […]

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Paper Money or The True Gold Standard

Posted by Gonzalo Schwarz
November 1, 2012
in Blog

How does the United States once again establish, by statute, a dollar convertible to a defined weight of gold?  “If you have ever wondered how the world can get from here to there— from the chaos of depreciating paper to a convertible currency worthy of our children and our grandchildren—wonder no more. The answer, brilliantly […]

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