Friday, 28 November 2014

Featured

A global currency for a global economy: a real SDR currency board

November 18, 2014

By Dr. Warren Coats   Introduction Since the collapse of the gold standard and the Bretton Woods system in the early 1970s, the resulting international monetary system (IMS) has supported a dramatic growth in world trade and finance remarkably well. Yet the system of market determined or managed exchange rates, which suited well a world […]

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Another Financial Meltdown on the Horizon

Posted by Gonzalo Schwarz
July 2, 2014

Is there another financial meltdown on the horizon? Dr. Judy Shelton who co-directs the Atlas Sound Money Project surely believes so. In her latest article in The Hill Dr. Shelton warns about the “alarming disconnect between the performance of global equity markets, which are booming, and an underlying world economy that is merely limping along”. […]

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Thoughts on Jefferson and the Dollar at Monticello

Posted by Gonzalo Schwarz
February 11, 2014

The following speech was given by Dr. Judy Shelton on January 30th, at the Jefferson Library in Thomas Jefferson’s Monticello: [Dr. Shelton] Thank you very much, very pleased to be here. It’s an honor to be introduced by Andrew O’Shaughnessy… I taught with your father, who is professor emeritus at the graduate business school at […]

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Bernanke Talks, Markets Wobble. There Must Be a Better Way

Posted by Gonzalo Schwarz
May 28, 2013

Rep. Kevin Brady’s Centennial Monetary Commission initiative might point toward a useful policy overhaul. By JUDY SHELTON Since Federal Reserve Chairman Ben Bernanke testified before Congress’s Joint Economic Committee Wednesday morning, commenting on the economic outlook and responding to questions from lawmakers on the likely path of monetary policy, financial markets have experienced turmoil. Triple-digit gains […]

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What Happens when Uncle Sam’s Sugar Daddy Runs out of Canes?

Posted by Tyler Watts
February 13, 2013

The Wall Street Journal’s Real Time Economics Blog recently reported that, according to new CBO projections, the Federal Reserve will cease its annual “payments” to the US government by 2018. You’re probably wondering two things: 1. Why the heck would the Fed be funding the government—shouldn’t it be the other way ‘round? 2. How the […]

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Money in Bad Faith

Posted by Gonzalo Schwarz
January 21, 2013

The depredations of the Fed. by Judy Shelton The Federal Reserve is not your friend. Whether you reside on Wall Street or Main Street, whether you are a borrower or a saver, whether you lean toward the Tea Party or the Occupy Wall Street movement​—​or whether you simply believe in free markets and free people​—​loose […]

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