The Fed Rate Hike and Gold
The Fed Rate Hike and Gold, Report 18 June, 2017 The big news this week comes from the Fed, which announced two things….
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Will Gold or Silver Pay the Higher Interest Rate?
This question is no longer moot. As the world moves inexorably towards the use of metallic money, interest on gold and silver will return…
Read MoreBring Back the Gold Gilt
This essay was submitted to the Richard Koch Breakthrough Prize for 2017. Executive Summary Our monetary system imposes a form of central planning, based…
Read MoreAbout that Economic Inequality
I address this essay to two groups. One group is those among the liberty movement, who believe that there’s nothing wrong with inequality. These…
Read MoreIntroducing Yield Purchasing Power
The monetary debate seems artificially limited. On one side is Federal Reserve policy based on discretion. On the other is policy based on rules….
Read MoreArizona Considers Issuing a Gold Bond
The Arizona House of Representatives has convened an Ad Hoc Committee on Gold Bonds. The purpose is to explore if and how the state…
Read MoreReal vs. Nominal Interest Rates
What is the real interest rate? It is the nominal rate minus the inflation rate. This is a problematic idea. Let’s drill deeper into…
Read MoreMoney Supply Arguments Are Flawed
It goes without question, among economists of the central planning mindset, that if a central bank can just set the right quantity of dollars[1],…
Read MoreArizona Governor Ducey Vetoes Gold
In my testimony in support of the gold legal tender bill this year, I discussed failing pension funds. Retirees who count on their pension…
Read MoreShould the Gold Price Keep Up with Inflation?
The popular belief is that gold is a good hedge against inflation. Owning gold will protect you from rising prices. Is that true? Most…
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