The True Gold Standard (Second Edition)
The U.S. Federal Budget can be difficult for the average American to relate to since it deals in billions and trillions of dollars. This infographic scales those numbers down to a more familiar and manageable size to effectively display the instability of the current economic situation. With the U.S. only days away from going over the fiscal cliff, it's important to understand just how vital a return to a solid, stable gold standard dollar is to the country's future prosperity.
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The Federal Reserve System's James Narron and David Skeie, career officials with the Federal Reserve System, are two eminent historically erudite figures. Writing in the New York Federal Reserve Bank's online publication, Liberty Street Economics, they recently provided a continuation of their valuable historical "revue," Crisis Chronicles: The Collapse of the...
Jul 14, 2014
On July 6th, Nobel economics laureate and Princeton Professor launched, in the New York Times, one of his occasional polemics, entitled Conservative Delusions About Inflation, against proponents of the gold standard. Krugman Caricature under creative commons license from DonkeyHotey As usual, Prof. Krugman is, conveniently for the position he takes, beyond lopsided...
Jul 23, 2014
An article headline in Saturday’s Wall Street Journalread “Rate Talk Heats Up Within The Fed.” As Journalreporters Jon Hilsenrath and Michael Derby...
Why the Gold Standard?