Archive for April, 2011

Neutral Money?

Neutral Money?
The idea of money neutrality is a cornerstone in formal monetary theory. It is not free, however, of some controversy. If there are changes in money supply, why will the economy converge to the same equilibrium and not to a different one? If changes in money have a neutral effect in the long run, then...
April 28th, 2011 | Commentary, Scholars' Corner | Read More

“Inflation – What It Is, What It Isn’t” – Nasdaq

“Inflation – What It Is, What It Isn’t” – Nasdaq
“Depending on what you read, your political leanings, and philosophical beliefs, some scenarios like these could be on your mind. But reality is seldom that outrageous, so here is what I think will happen. First of all, prices are going up. Economists have underestimated increases because, whenever...
April 28th, 2011 | Future of Money, Popular Articles, State of Money | Read More

“Debt Limit Standoff: 10 Things to Watch” – The Hill

“Debt Limit Standoff: 10 Things to Watch” – The Hill
“Republicans and Democrats on Capitol Hill are strategizing for what is expected to be a bruising debate on raising the nation’s debt limit and reining in government spending. The Obama administration has set an early-July deadline for lifting the $14.3 trillion debt ceiling, a move that congressional...
April 27th, 2011 | Blogs, Future of Money, State of Money | Read More

“Bernanke’s Code: A Guide to Fed Chairman’s First Q&A” – WSJ

“Bernanke’s Code: A Guide to Fed Chairman’s First Q&A” – WSJ
“When Federal Reserve Chairman Ben Bernanke makes his debut press conference Wednesday, his every word will be parsed for signs of where he hopes to take U.S. monetary policy. Specifically, many people want to know when the central bank will begin raising interest rates, and when it will begin...
April 27th, 2011 | Popular Articles, State of Money | Read More

Some light reading…

Some light reading…
For the next couple of weeks I will be unable to post a new article, but in the meantime if you would like to continue learning about sound money, inflation, and other related topics I encourage you to read: On The Origins Of Money By Carl Menger …In primitive traffic the economic man is awaking but...
April 26th, 2011 | Books, Commentary, Scholars' Corner | Read More