โข
“By making precious metals a more integral part of citizensโ lives, state gold depositories are key to a return to sound money.โ ~ Peter C. Earle
โข
In 2012, the Sound Money Project, then part of the Atlas Economic Research Foundation, released Roads to Sound Money, a collection of essays edited with a foreword by Judy Shelton. The Sound Money Project is now part of the American Institute for Economic Research. AIER is pleased to post the full contents below.
โข
The Fed Repo headlines are worth watching, but not worth losing sleep over.
โข
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.”
โข
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.
โข
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 neednโt be a government creation.
โข
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 thatโs not where the story ends.
โข
The origin of money, the history of central banks, the operation and destruction of the gold standard, the rise of inflation and massive government debt, the disastrous bailouts of 2008 โ it’s all covered in an outstanding hour-long documentary appearing on PBS stations called In Money We Trust.
โข
The greatest risk to the US dollar may, in fact, come from within. The imposition of tariffs and sanctions create an opportunity for other countries to engage in bilateral trade. The decision to withdraw from the free trade initiatives such as the TPP and T-TIP weakens not only the prospects for US trade but also…
โข
Pretty much every economics textbook explains how money has four functions. It is first and foremost a medium of exchange, and it ultimately derives all of its other functions from its usefulness as a medium of exchange.
โข
“By making precious metals a more integral part of citizensโ lives, state gold depositories are key to a return to sound money.โ ~ Peter C. Earle
โข
In 2012, the Sound Money Project, then part of the Atlas Economic Research Foundation, released Roads to Sound Money, a collection of essays edited with a foreword by Judy Shelton. The Sound Money Project is now part of the American Institute for Economic Research. AIER is pleased to post the full contents below.
โข
The Fed Repo headlines are worth watching, but not worth losing sleep over.
โข
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.”
โข
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.
โข
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 neednโt be a government creation.
โข
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 thatโs not where the story ends.
โข
The origin of money, the history of central banks, the operation and destruction of the gold standard, the rise of inflation and massive government debt, the disastrous bailouts of 2008 โ it’s all covered in an outstanding hour-long documentary appearing on PBS stations called In Money We Trust.
โข
The greatest risk to the US dollar may, in fact, come from within. The imposition of tariffs and sanctions create an opportunity for other countries to engage in bilateral trade. The decision to withdraw from the free trade initiatives such as the TPP and T-TIP weakens not only the prospects for US trade but also…
โข
Pretty much every economics textbook explains how money has four functions. It is first and foremost a medium of exchange, and it ultimately derives all of its other functions from its usefulness as a medium of exchange.
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