Tuesday, 22 July 2014

Blog

Bitcoin: A New Medium of Exchange or a New Investment Vehicle?

July 21, 2014

By Tien Nguyen Bitcoin has been a significant innovation of electric money for the past five years and with a fascinating and breakthrough characteristic, it is undoubtedly true that Bitcoin is marking a whole new turning point in money’s features, particularly in money transaction. Bitcoin is the first decentralized digital currency and compared to other […]

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Worst Economic Predictions

Posted by Devin Roundtree
July 15, 2014

America’s monetary and fiscal policies rest upon the ideas of some of the most prolific economists since the turn of the 20thcentury. Ironically, these economists put their theories to test in making bold predictions, only to be proven dead wrong. #4 Paul Samuelson, 1943 Forecast: Post WWII Great Depression Thanks to Samuelson’s #1 selling economic […]

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Are We Still All Inflationists Now?

Posted by Jerry Jordan
July 14, 2014
in Blog

A recent WSJ news story made the startling claim that the Federal Reserve was “making progress” because the various measures of inflation have been rising recently.  Other   reports have similarly commented favorably on success of the Bank of Japan and European Central Bank in raising inflation rates.  What is going on? Five years ago, the […]

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Time to stop taxing gold and silver

July 8, 2014
in Blog

Last month, Oklahoma Governor Mary Fallin signed Senate Bill 862 into law, once again recognizing gold and silver as legal tender and an acceptable means of payment of debts in the Sooner State. While this treatment would seem self-evident, noting Article I, Section 10 of the U.S. Constitution, precious metals in Oklahoma were previously taxed […]

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Bitcoin and Other Alternatives to the Current Monetary System

Posted by Gonzalo Schwarz
June 11, 2014

As the story goes, pirates would bite into pure gold coins in order to evaluate their quality, thus creating the original ‘bit coin.’ The new payment system, Bitcoin, which relies entirely on digital money, wasn’t created however, until 2008. The speakers at last night’s Atlas Network event “The Future of Money: Bitcoin, the Gold Standard […]

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Monetary Manipulation and the Loss of Trust in Free Enterprise

Posted by Alex Chafuen
May 23, 2014
in Blog

The On-Line Library of Law and Liberty just published my review of Stephen King’s “When the Money Runs Out.” Monetary manipulation has destroyed the level of trust in free-markets in many countries, I am more familiar with the Argentine case, which King analyzes in his book. He also touches on Japan. Their civil society still […]

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What is the Connection Between the IMF and the Ukraine Crisis?

Posted by Alex Chafuen
March 14, 2014
in Blog

Judy Shelton writes in the Wall Street Journal: “You never want a serious crisis to go to waste.” Former White House Chief of Staff and now Chicago Mayor Rahm Emanuel’s brazen credo comes to mind as the Obama administration tries to link emergency financial aid for Ukraine with changes to the International Monetary Fund’s governance […]

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Sound Money for Ukraine

Posted by Alex Chafuen
February 26, 2014

Another brilliant piece by Judy Shelton: “As Ukrainians mourn their dead and vow to prosecute their recently deposed leader, the valor of those who died must now inspire others to build a new Ukraine worthy of their struggle and sacrifice. Democracy and a better future must be secured in pragmatic terms. Economic benefits must begin […]

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