Archive for August, 2010

Ron Paul Questions Whether There’s Gold at Fort Knox

Ron Paul Questions Whether There’s Gold at Fort Knox
“Rep. Ron Paul (R-Texas) said he plans to introduce legislation next year to force an audit of U.S. holdings of gold. Paul, a longtime critic of the Federal Reserve and U.S. monetary policy, said he believes it’s “a possibility” that there might not actually be any gold in the...
August 31st, 2010 | Blogs, Future of Money | Read More

“Spreading Hayek, Spurning Keynes”

“Spreading Hayek, Spurning Keynes”
“To these free-market economists, government intrusion ultimately sows the seeds of the next crisis. It hampers what one famous Austrian, Joseph Schumpeter, called the process of “creative destruction.” Governments that spend money they don’t have to cushion downturns, they say,...
August 30th, 2010 | Popular Articles, State of Money | Read More

The Recovery is Artificial

The Recovery is Artificial
“The stimulus is causing an artificial rebound in the economy that cannot be maintained, says Jerry Jordan, former president of the Federal Reserve Bank of Cleveland.” Watch it here.  “The Recovery is Artificial” Jerry Jordan MoneyShow.com, August 19, 2010. Share on Facebook
August 27th, 2010 | Audio-Video | Read More

“Fed Off’ls at Jackson Hole Discuss Tough Policy Challenges”

“Fed Off’ls at Jackson Hole Discuss Tough Policy Challenges”
“Federal Reserve policymakers and many of the world’s other top central bankers are gathering Thursday for their annual retreat and symposium in the shadow of the Grand Tetons. They are also meeting in the shadow of looming economic and financial problems, which seem to be defying the stimulative...
August 26th, 2010 | Future of Money, Popular Articles | Read More

“Fed Asks Court to Stay Discount-Window Ruling”

“Fed Asks Court to Stay Discount-Window Ruling”
“The Federal Reserve has asked a U.S. appeals court to stay a ruling that it must disclose documents regarding borrowing from its discount window and other “last resort” lending programs during the financial crisis. “The stay is necessary to permit the board to consult with the Department...
August 26th, 2010 | Popular Articles | Read More