Thursday, 29 January 2015

Sound Money

2014 Sound Money Rankings: the bottom of the list

Posted by Alex Chafuen
January 5, 2015

As several of the worse performing currencies are in countries where the government manipulates statistics and exchange rates, it is not easy to come up with a perfect ranking. Using the inflation rate is a good approximation. In Venezuela the official price inflation is over 60%. In Argentina statistics are so manipulated that it is […]

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Wall Street Journal describes the new Cato Institute effort to promote sound money

Posted by Alex Chafuen
October 22, 2014

The Wall Street Journal blog reports that Cato’s new Center for Monetary and Financial Alternatives will have as a goal to “challenge the central bank’s policies and explore alternative ways to manage the U.S. money supply, including but not limited to a return to the gold standard.” The new director, George Selgin, is an outstanding economist, with […]

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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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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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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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Europe’s Bank Money Blues

Posted by Gonzalo Schwarz
November 22, 2013

By Steve Hanke   Well, it’s official, the economic talking- head establishment has declared war on Germany. The opening shots in this battle were fired by none other than the United States Treasury Department, which had the audacity to blame Germany for a weak Euro- zone recovery in its semi-annual foreign exchange report. The Treasury’s […]

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