at Sound Money Project
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Sound Money at Atlas is happy to announce that Peter Lewin*, will be giving three lectures on “The Austrian Capital Theory and the Business Cycle” at the University of Texas at Dallas.ย ย The dates of the lectures are as follows: ย October 12th, 2:30 p.m. UTD School of Management SOM 2.112 October 14th, 11:30…
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“Too much money leads first to a boom and then a terrible bust. Re-stimulation continues the process and makes economic imbalances worse over time until finally the whole system begins to collapse and something else emerges. We are in a collapse phase currently. The problems begin and end with mercantilist central banks. Absent central banks…
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Walter Williams, a professor of economics for George Mason University, speaks on the deregulation (or lack-thereof) that led to the financial crisis. The original video can be fond on LibertyPen.com.
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“No monetary system, including gold, is perfect. But the evidence is that the gold standard is a recipe for lower-than-predicted federal interest rates (quelling the coming fiscal crisis); lower corporate bond rates (jobs); and lower mortgage rates (relief to millions of upside down homeowners). The gold standard sounds picturesque. In reality it is a technical,…
โข
“But back to the question of the cause of inflation. Basically when the government increases the money supply faster than the quantity of goods increases we have inflation. Interestingly as the supply of goods increase the money supply has to increase or else prices actually go down. Many people mistakenly believe that prices rise because…
โข
“If every time we bring the results of the sweat of our brow to market, we are subject to an arbitrary assessment of their worth, either we are suffering from deliberate imposts on the part of the authorities, or we are partaking not in an entrepreneurial risk, but in a capricious lottery in which we…
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“The dollar dropped to a 15-year low against the yen and the weakest in more than eight months against the euro amid growing expectations the Federal Reserve will expand credit easing to sustain the U.S. recovery.” Read more.ย “Dollar Reaches 15-Year Low Versus Yen on Fed; Euro Strengthens”ย Keith Jenkins and Yasuhiko Sekiย Businessweek, October…
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“Investor reaction to Ben Bernankeโs apparent focus on price indices โ jumping into the stock market when he hints that he may not raise rates, and jumping out when they suspect he will โ is understandable. These reactions do not imply that investors prefer inflation, but rather that they expect the Fed may be overshooting…
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“To summarize: government programs to support housing have depressed rental prices, which is making core inflation artificially low. And since the Fed uses core CPI as one of its primary inflation gauges, Bianco says the central bank is lulling itself into a false sense of security about inflation.” Read more.ย “The Fed Is All Wrong…
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“A lasting solution would be to recognize explicitly that market prices, reflected in the yield curve and gold price have been the most reliable signals of the global demand for dollar liquidity. The daily correlation between gold and the dollar has been in the โ0.9 range over extended periods, whereas the correlation coefficient for the…
โข
Sound Money at Atlas is happy to announce that Peter Lewin*, will be giving three lectures on “The Austrian Capital Theory and the Business Cycle” at the University of Texas at Dallas.ย ย The dates of the lectures are as follows: ย October 12th, 2:30 p.m. UTD School of Management SOM 2.112 October 14th, 11:30…
โข
“Too much money leads first to a boom and then a terrible bust. Re-stimulation continues the process and makes economic imbalances worse over time until finally the whole system begins to collapse and something else emerges. We are in a collapse phase currently. The problems begin and end with mercantilist central banks. Absent central banks…
โข
Walter Williams, a professor of economics for George Mason University, speaks on the deregulation (or lack-thereof) that led to the financial crisis. The original video can be fond on LibertyPen.com.
โข
“No monetary system, including gold, is perfect. But the evidence is that the gold standard is a recipe for lower-than-predicted federal interest rates (quelling the coming fiscal crisis); lower corporate bond rates (jobs); and lower mortgage rates (relief to millions of upside down homeowners). The gold standard sounds picturesque. In reality it is a technical,…
โข
“But back to the question of the cause of inflation. Basically when the government increases the money supply faster than the quantity of goods increases we have inflation. Interestingly as the supply of goods increase the money supply has to increase or else prices actually go down. Many people mistakenly believe that prices rise because…
โข
“If every time we bring the results of the sweat of our brow to market, we are subject to an arbitrary assessment of their worth, either we are suffering from deliberate imposts on the part of the authorities, or we are partaking not in an entrepreneurial risk, but in a capricious lottery in which we…
โข
“The dollar dropped to a 15-year low against the yen and the weakest in more than eight months against the euro amid growing expectations the Federal Reserve will expand credit easing to sustain the U.S. recovery.” Read more.ย “Dollar Reaches 15-Year Low Versus Yen on Fed; Euro Strengthens”ย Keith Jenkins and Yasuhiko Sekiย Businessweek, October…
โข
“Investor reaction to Ben Bernankeโs apparent focus on price indices โ jumping into the stock market when he hints that he may not raise rates, and jumping out when they suspect he will โ is understandable. These reactions do not imply that investors prefer inflation, but rather that they expect the Fed may be overshooting…
โข
“To summarize: government programs to support housing have depressed rental prices, which is making core inflation artificially low. And since the Fed uses core CPI as one of its primary inflation gauges, Bianco says the central bank is lulling itself into a false sense of security about inflation.” Read more.ย “The Fed Is All Wrong…
โข
“A lasting solution would be to recognize explicitly that market prices, reflected in the yield curve and gold price have been the most reliable signals of the global demand for dollar liquidity. The daily correlation between gold and the dollar has been in the โ0.9 range over extended periods, whereas the correlation coefficient for the…
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