Gold Standard Institute's blog

In hyperinflation, the currency's purchasing power collapses. Many Fed critics have predicted this will come soon, though it hasn't happened yet. However all is not well with the dollar.

One hoary old myth claims the interest rate you see isn't real. You see, it’s only nominal. To calculate the real rate, you're supposed to adjust the nominal rate by inflation.

Neither control for its own sake, nor bail-ins, are the primary drivers of going cashless. It's something more serious than power or loot.

W're told that the Federal Reserve protects us from economic waves, indeed from the business cycle itself. The basic idea is that the Fed has both the power and the knowledge to somehow deliver an economic miracle.

"The top 25 hedge fund managers made more than all the kindergarten teachers in the country," declared President Obama. One side supports him, and the other defends hedgies. Both get it partially right.

There's little interest, forcing retirees to spend down their principal. It's no accident, as Keynes called for the “euthanasia of the rentier.” Fed Chair Yellen is a New Keynesian.

The Consumer Price Index measures the falling dollar, but only partially. As interest rates drop, you get less on your capital. Yield Purchasing Power shows the full damage.

This isn’t yet another in a long series of articles lamenting the Federal Reserve... this article is about something else: you.

Bernanke drove interest down to zero, where it has stayed for over 6 years. In his rationalization, he concedes an importantg point that undermines his argument (and the Fed).

Monetary policy is putting the hurt on labor.

Many argue money should be defined as the medium of exchange--the dollar. The catch is that the dollar only circulates because the government forces it to circulate...

I do not think it is an exaggeration to say that we gold advocates have gone all in. We have made one argument for gold...

Fed-inspired words sung to the classic tune (video).

A story has been echoing around the financial news for a few weeks: the Chinese economy is now larger than the economy in the US. Not so fast...

There's an interesting initiative on the Swiss ballot, which imposes a barrier to currency debasement. It's a heroic measure, but there's a flaw.