Archive for the ‘Sound Money Blog’ Category

Juan Bautista Alberdi (1810-1884) on paper money and omnipotent government

Juan Bautista Alberdi (1810-1884) on paper money and omnipotent government
“As long as the government has the power to manufacture currency with simple paper strips that promise nothing nor require any repayment, the omnipotent power of government will live unscathed like a gnawing worm in the heart of the Constitution itself.” Share on Facebook
February 18th, 2014 | Commentary, Scholars' Corner, Sound Money Blog | Read More

Why price inflation remains low?

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...
August 15th, 2013 | Scholars' Corner, Sound Money Blog | Read More

Calling the Fed’s Bluff

Calling the Fed’s Bluff
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...
January 10th, 2013 | Sound Money Blog | Read More

Why Does College Cost So Much?

Why Does College Cost So Much?
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...
January 8th, 2013 | Sound Money Blog | Read More

Even Manufacturing Prefers Sound Money

Even Manufacturing Prefers Sound Money
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...
January 3rd, 2013 | Sound Money Blog | Read More