Archive for the ‘Future of Money’ 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

The Troubled Currencies Project

The Troubled Currencies Project
A Joint Cato Institute – Johns Hopkins Project Directed by Prof. Steve H. Hanke Senior Fellow, The Cato Institute Professor of Applied Economics, The Johns Hopkins University   For various reasons — ranging from political mismanagement, to civil war, to economic sanctions — some countries...
July 10th, 2013 | Future of Money, Money Timeline, Resources | Read More