Sunday, November 23, 2014

Weekend Wrap Up: Lewis Lehrman and John Mueller explain how the ‘Reserve’ dollar harms America

Politics and Government

At Forbes.com, John Tamny writes Walter Isaacson’s ‘The Innovators’ reveals the job-creating genius behind job destruction.

Monetary Reform

In the WSJ, Lewis Lehrman and John Mueller explain how the ‘Reserve’ dollar harms America.

Ending the dollar’s reserve-currency role will limit deficit financing, increase net national savings and release resources to U.S. companies and their employees in order to remain competitive with the rest of the world.


The NY Sun applauds American Principle’s In Action’s criticism of the “fair and balanced Fed.”

At Cato, Steve Hanke says in our era of currency wars, Russia should lift a page from Keynes’ playbook and establish a currency board.

Washington Post's Wonkblog cluelessly equates the gold standard with rabbit's feet and horoscopes.

CNBC reports Philly Fed predicting robust Q4 growth rates.

AP reports no surprises from Fed in latest minutes.

Middle Class Squeeze

CPI increases at largest pace in 5 months.

In the WSJ, Ed Silverman asks if the rising prices for generic drugs ever end.

World

At Affluent Investor, YC Chen reports the Hong Kong Monetary authority will abolish the 20,000 RMB daily exchange limit.

Wednesday, November 19, 2014

Wednesday News: Nathan Lewis writes a rules-based monetary system means a fixed value system that has never been tried; John Tamny praises Peter Thiel’s new book ‘Zero to One’; Thomas Donegan explains the significance of instruments of measure in preserving value and discovering God

Politics and Government

At Forbes.com, John Tamny praises Peter Thiel’s new book ‘Zero to One’, also on Forbes, John Tamny covers the closing of central banking’s economic mind. 

From Forbes.com, Ralph Benko details what Saul Alinksy could teach President Obama about ignoring Congress.

Monetary Reform


From Forbes.com, Nathan Lewis writes a rules-based monetary system means a fixed value system that has never been tried; Also on Forbes.com, Nathan Lewis introduces us to the hard money extremists.

At Best Thinking, Thomas Donegan explains the significance of instruments of measure in preserving value and discovering God.

From Forbes.com, Steve Forbes prescribes a cure to Japan’s economic woes.

At TGSN, Ralph Benko presents part 3 of his interview with John Mueller.

At CoinWeek, Richard Mills believes China’s long term geo-political strategy is golden.

Matt Phillips at Quartz provides an elegant history of the dollar.

At Swiss Info, Clare O’Dea writes financial eyes are watching Switzerland as the gold vote approaches. 


And now for something completely different

At Gazette Net, Samantha Schmieder covers a Samaritan's yearly visit from the Holy Land to North Potomac.

Friday, November 14, 2014

Wednesday Update: Patrick Gillespie says both Republicans and Democrats are blasting the Fed; Jim Grant discusses his new book “The Forgotten Depression,” warns of the potential impacts of our radical monetary policy

Politics and Government

From Forbes.com, Ralph Benko says on November 4th voters punished political fanatics.

Monetary Reform

At CNN Money, Patrick Gillespie says both Republicans and Democrats are blasting the Fed.

"We continue to hear reports that the economy is recovering, but millions of workers and their families are still struggling, whether from involuntarily part-time hours, poverty wages, or a lack of earned sick time"

On The Blaze, Jim Grant discusses his new book “The Forgotten Depression,” warns of the potential impacts of our radical monetary policy.

The gold standard makes Huffington Post!

“America will return to sound economics: balanced budgets, the gold standard, dissolution of the Fed, indentured servants and debtors' prison.”

In the WSJ, Michael Derby reports Fed President Charles Plosser believes the Fed needs to raise rates soon or they will risk falling behind the curve.

At TGSN, Ralph Benko presents part 2 of his interview with John Mueller.

Regulatory Reform

In Forbes.com, Norbert Michel calls for repealing Dodd-Frank, says financial regulations steadily increased leading up to ’08.

Sunday, November 9, 2014

Weekend Wrap Up: Alan Greenspan Talks Gold-- The Force Awakens; American Principles slams Janet Yellen for meeting with President Obama on election night, says a terrible line was crossed; Seth Lipsky says the GOP should start fixing the Fed.

Politics and Government

In The Hill, American Principles slams Janet Yellen for meeting with President Obama on election night, says a terrible line was crossed.

In the Washington Times, Stephen Moore celebrates the results of the tax cut referendums.

At Forbes.com, John Tamny writes November 4th discredited President Obama and the Republican Party’s victim wing; Also on Forbes.com, John Tamny says oil’s decline is wholly a dollar story.

Monetary Reform


Alan Greenspan Talks Gold-- The Force Awakens?
In the NY Post, Seth Lipsky says the GOP should start fixing the Fed.

In The WSJ, Holman Jenkins wonders if the Fed read the election returns.

At Cato, James Dorn writes Janet Yellen is ignoring the Fed’s role in creating income inequality.

The Economist reviews Jim Grant’s latest book about what the “forgotten depression” of 1921 can teach policy makers.

Liberty Street Economics explains how a stitch in time can save you from carrying around worthless money.

Middle Class Squeeze

Airfare prices climb despite recent price drops in airline fuel.

Spike in food prices proves to be too much for those on fixed income

Tuesday, November 4, 2014

Friday News: John Tamny asks us to imagine a world without the “1 Percenters”; Ralph Benko details how the Eichengreen Fallacy (that the gold standard caused or contributed to the Great Depression) misleads some market monetarists- Part 1 and Part 2


Politics and Government

At Forbes.com, John Tamny asks us to imagine a world without the “1 Percenters.”

Monetary Reform

From Forbes.com, Ralph Benko details how the Eichengreen Fallacy (that the gold standard caused or contributed to the Great Depression) misleads some market monetarists- Part 1 and Part 2

At Nasdaq.com, Victoria McGrane believes a GOP senate takeover would put the Fed under a microscope. 

Dallas Fed President Richard Fisher states ‘we might well move to raise rates sooner than thus far assumed.”

At TGSN, Ralph Benko presents part 1 of his interview with John Mueller, one of the most important aides to Jack Kemp.

From the Menger Center, Paul Martin-Foss writes Australia is seeking to become a hub for Yuan trading, become less dependent on the dollar.

World

Russia sharply hikes interest rates in response to rising inflation.

Friday, October 31, 2014

Friday News: John Mueller comments on Paul Krugman’s recent statement that the dollar’s reserved-currency status is an ‘overrated phenomenon’; 3rd Quarter GDP expands at 3.5%; Business Insider reports QE is over.

Politics and Government

3rd Quarter GDP expands at 3.5%

Monetary Reform

From Forbes.com, John Mueller comments on Paul Krugman’s recent statement that the dollar’s reserved-currency status is an ‘overrated phenomenon.’

Steve Hanke writes about volatility.

Business Insider reports QE is over.

The NY Sun calls our monetary policy the Fed’s version of “trick or treat.”

At Forbes.com, Lee Sheppard explains how taxes are a monetary instrument.

From News-Sentinel, Congressman Marlin Stutzman makes the case for eliminating the Fed’s dual mandate.

Jeffrey Snider details the effects of a century of weak money. 

In the Washington Post, Matt O’Brien calls the gold standard the ‘worst possible idea’.

At Forbes.com, Nathan Lewis says the Keynesian’s are in hysterics because their funny money experiment is coming to an end.

In The Hill, Vicki Needham reports the Fed has ended their huge stimulus program.

Tax

In the Wall Street Journal, Senator John Kyl and Stephen Moore write Obama’s policy’s soak the rich, drown the middle class.

World

At Fortune, Geoffrey Smith says as the Fed leaves the QE party, Japan tops up the punchbowl.

Tuesday, October 28, 2014

Tuesday Update: Steve Lonegan explains how the gold standard ensures the dollar has more buying power; Dr. Judy Shelton cautions Madame Yellen on grandiosity; John Tamny urges us to ignore the latest deflation scare; Ralph Benko asks if Janet Yellen is the New Magoo following her Perspectives on inequality speech


Politics and Government

In the NY Sun, Larry Kudlow says the President’s head will spin in a flurry of legislation if the GOP takes the Senate.

Monetary Reform

At NJ.com, Steve Lonegan explains how the gold standard insures the dollar has more buying power, debunks former Governor Jim Florio’s caricature of the gold standard.

In the NY Sun, Steve Forbes writes great countries don’t have weak currencies.

At Forbes.com, John Tamny urges us to ignore the latest deflation scare.

In The Hill, Dr. Judy Shelton cautions Madame Yellen on grandiosity.

From Forbes.com, Ralph Benko asks if Janet Yellen is the New Magoo following her Perspectives on inequality speech; also on Forbes.com, Ralph Benko covers Harry Reid and the Democrat’s strategy to keep the majority.

In Forbes.com, Nathan Lewis explains what's behind the collapsing ruble.

Steve Hanke, tells Interfax the country will continue to run down its foreign reserves – the cash it uses for LNG imports.

The NY Sun debunks the NY Times claim that QE revived the economy.   

The Washington Post discusses why Europe is doomed.

The German central bank is a lost cause that's compared Draghi to the devil—yes, really—for being open to printing money

From Forbes.com, Norbert Michel suggests we discredit the devaluation of currencies once and for all; also on Forbes.com, Norbert Michel details how the Fed was too tight in 2008.

At TGSN, Ralph Benko presents part 3 and part 4 of his interview with Professor Lawrence White.

Tax

At Forbes.com, Brian Domitrovic writes politicians were talking about the Laffer curve in 1963.

The Middle Class Squeeze

Rising demand of meat and corn combined with bad weather cause food prices to reach record highs for restaurants.

Rising electricity prices cause communities in the NE to reignite debate over the construction of a natural gas pipeline in the area.