Tuesday, 22 July 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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Why Does College Cost So Much?

Posted by Devin Roundtree
January 8, 2013

by Devin Roundtree By now, millions of freshmen have become well acquainted with collegiate life, including the part when they start racking up debt. With outstanding student loan debt surpassing the $1 trillion mark this school year, the debate over the cause of rising costs continues to grow. Lavish spending on everything from state of […]

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Even Manufacturing Prefers Sound Money

Posted by Devin Roundtree
January 3, 2013

by Devin Roundtree With an annual growth rate of only 1.2%, the Federal Reserve reports that America’s iconic manufacturing industry is on pace for its toughest year since 2009. But the true state of America’s manufacturing industry is far gloomier than what the government reports. Despite claims of real manufacturing output rising over 80% since […]

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2012 Currency Rankings In Terms of Gold

Posted by Devin Roundtree
January 2, 2013

by Devin Roundtree Now that 2012 has come and gone, here are the 15 most traded currencies ranked by their performance against the yellow metal. Among the top performers, the New Zealand dollar and Swedish Krona should not come as a big surprise; the central banks of both countries have gained a reputation for relatively […]

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Keep Your Golden Eyes on China

Posted by Devin Roundtree
December 28, 2012

by Devin Roundtree Due to the European Debt Crisis, little attention has been paid to the fundamental changes taking place in China. For more than a decade China has served as the biggest creditor to the United States government. But, two years ago, China apparently had a change of heart. The Chinese have long complained […]

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