Sound Money

The Ideal Money Is Global

– November 6, 2019

The optimal currency area is the maximum currency area.

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Sound Money

This Is Not QE4, Yet

– September 18, 2019

The Fed Repo headlines are worth watching, but not worth losing sleep over.

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Monetary Policy, Sound Money
twopillars

Judy Shelton and the Dual Mandate Debate

– August 23, 2019

Shelton is right to criticize the full-employment aspect of the Fed’s dual mandate.

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Central Banking, Sound Money
judysheltonfed

Judy Shelton on Competitive and Private Currencies

– July 17, 2019

A government money monopoly, writes Judy Shelton, “invites a more sinister abuse of government power – even tyranny – as government precludes market entry to alternative issuers.”

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Harwood Graduate Colloquium, Sound Money
oldcoins

What to Read on Money

– July 1, 2019

As an introduction to the topics that will be dealt with in the AIER Graduate Colloquium, over the next few weeks Joakim Book will summarize the core readings that our students are currently reading to prepare for a good discussion at the event.

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Monetary Policy, Sound Money
libracurrency

The Libra Is More Significant than You Think

– June 24, 2019

The Libra has the potential to mark the start of something because if widely used, it will open the eyes of the global population to a truth about money: it works best when its value is stable, plus it needn’t be a government creation. 

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Bitcoin and Blockchain, Sound Money
fincin

Cryptocurrencies, Meet the Financial Action Task Force

– June 18, 2019

Cryptocurrencies are a different sort of financial technology from bank deposits, yet they are being shoehorned into the same category for regulatory purposes.

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Sound Money
argentin

Should Argentina Dollarize Now?

– June 17, 2019

Let’s hope other Argentinian economists give this proposal serious consideration.

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Bitcoin and Blockchain, Sound Money, Technology
killerapp

Is Facebook’s Libra the Dollar’s Killer App?

– June 15, 2019

Facebook’s Libra is easily and probably rightly criticized by crypto purists as a halfway house that makes too many concessions to legacy systems and plays too nicely with the existing regulatory system. All true. But that’s not where the story ends.

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Sound Money
buildingfloor

The Zero Lower Bound was Irrelevant

– June 12, 2019

If the binding zero lower bound did not prolong the last recession, it may not prolong the next.

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