Wednesday, 03 September 2014

Sound Money 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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We are Taxed Enough Already

Posted by Jerry Jordan
July 18, 2014

Today’s T.E.A. party adherents have it right. We are Taxed Enough Already! So why is raising the inflation tax gaining popularity with policymakers around the world? The central idea of post WWII monetary arrangements was that the US dollar would be firmly pegged to gold at a fixed rate and the rest of the world […]

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Tough Questions for the Fed

July 17, 2014

This past week, Janet Yellen, chairwoman of the Federal Reserve, delivered her semi-annual monetary policy report to congress, confidently supporting the Fed’s ultra-low interest policies. While critics in the legislature and economists alike were quick to question her unabashed conclusions, market investors continued to exploit capital gains on their portfolios. In her recent article, published […]

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Why price inflation remains low?

Posted by Alex Chafuen
August 15, 2013

Dr. Allan Meltzer, brilliant economist and professor and founder of several think tanks and centers, answers the question: “Why inflation remains low?”  in “When Inflation Doves Cry”   He argues “The Fed has printed new bank reserves with reckless abandon. But almost all of the reserves sit idle on commercial banks’ balance sheets. For the […]

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Calling the Fed’s Bluff

Posted by Gonzalo Schwarz
January 10, 2013

by Devin Roundtree Currently, the Federal Reserve is buying $45 billion in Treasury bonds in addition to $40 billion in mortgage backed securities a month. If you do the math, you end up with $1,020 billion on an annual basis. In order to calm inflation fears, the Fed claims that it can put the brakes […]

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