Archive for the ‘Money Timeline’ Category

More Credit, More Money: Poland and the Euro-zone

By Steve H. Hanke Money matters — it’s a maxim of Prof. Milton Friedman that I repeat often in my columns, and to my students in class. Since the Northern Rock bank run of 2007 — the “opening shot” of the recent financial crisis — the money supply, broadly measured, in Poland and the rest...
November 11th, 2013 | Future of Money, Money Timeline, Policy Papers, Resources, State of Money | Read More

A Hard Anchor for the Dollar

A Hard Anchor for the Dollar
By Warren Coats After years of destabilizing monetary policy by the Federal Reserve, there is growing sentiment that our fiat currency system should be replaced with a hard anchor. Yet, the gold and silver standard anchors adopted in much of the world over the two centuries preceding the United States’...
November 8th, 2013 | Future of Money, History of Money, Money Timeline, Resources | Read More

To Make Sense of the Coins Act, Follow the Money

by Steve Hanke Proposed legislation to abolish the dollar bill and replace it with a dollar coin is government at its worst. The American people might be surprised to learn that for the past 20 years a handful of lobbyists and lawmakers—mostly from states with mining and metal-processing interests—have...
August 26th, 2013 | Future of Money, Popular Articles, Resources | Read More

Hayek contributions give a forward push to Bitcoin

In an article published by CNBC, Frank Schaeffler, a member of the German parliament’s Finance Committee, is quoted as saying: ”We should have competition in the production of money. I have long been a proponent of Friedrich August von Hayek scheme to denationalize money. Bitcoins are a...
August 21st, 2013 | Future of Money, Money Timeline, Resources, Uncategorized | Read More

Commentary on Troubled Currencies

by Steve Hanke For academics, the term “troubled currency” might be a term of art. But for people who are faced with such a currency, they know a troubled currency when they see one. Today, this is the case for millions of people around the world — most notably in Iran, North Korea, Argentina,...
July 25th, 2013 | History of Money, Money Timeline, Resources, State of Money | Read More