Posts Tagged ‘WSJ’

Sound Money for Ukraine

Another brilliant piece by Judy Shelton: “As Ukrainians mourn their dead and vow to prosecute their recently deposed leader, the valor of those who died must now inspire others to build a new Ukraine worthy of their struggle and sacrifice. Democracy and a better future must be secured in pragmatic...
February 26th, 2014 | Commentary, Scholars' Corner | Read More

Is Deleveraging “Bad for the Economy”?

Is Deleveraging “Bad for the Economy”?
A while back there was a story in the Wall Street Journal (“America’s Debt Cutting Hampers Growth,” Oct. 22) about deleveraging in the U.S. economy. American households, burned by the recession, have a new-found frugality and are reducing their overall debt loads for the first time in decades....
December 19th, 2011 | Sound Money Blog | Read More

Why We Can’t Escape the Eurocrisis

Why We Can’t Escape the Eurocrisis
EU and U.S. debt are interlinked through the banking system. By GERALD P. O’DRISCOLL JR. When is a bailout not a bailout? When the bailor is short of funds. The recently announced debt plan in the European Union comes up short in almost all respects. The debt crisis is not just an EU problem,...
November 2nd, 2011 | Popular Articles, Resources | Read More

“Barney Frank’s Latest Bad Idea” – WSJ

“Barney Frank’s Latest Bad Idea” – WSJ
“Mr. Frank’s bill is simple and remarkably short by Washington standards: two pages. It would strike the language in Section 12A of the Federal Reserve Act that provides for voting membership by the New York Fed and rotating voting membership by the other 11 Federal Reserve banks on the Federal...
May 31st, 2011 | Future of Money, Popular Articles | Read More

“The Return of Stagflation” – WSJ

“The Return of Stagflation” – WSJ
“‘Stagflation” is an ugly word for an ugly situation: persistent high inflation combined with high unemployment and stagnant demand in a country’s economy. The term was coined by British politician Iain Mcleod in a speech to Parliament in 1965. We haven’t experienced it...
May 24th, 2011 | Future of Money, History of Money, Popular Articles, State of Money | Read More