Gold Standard Institute's blog
Swiss Gold Initiative: Good Idea with Unintended Consequences
Submitted by Gold Standard Institute on 11/24/2014 01:19 -0500There'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.
Fans of Central Banking Have an Achilles Heel
Submitted by Gold Standard Institute on 10/25/2014 21:54 -0500The dollar doesn't work; it is failing. Gold works well, but there's an even stronger argument for it.
Russia is de-dollarizing
Submitted by Gold Standard Institute on 10/23/2014 01:11 -0500But not how you think.
100% of Mainstream Interest Rate Theory is Wrong
Submitted by Gold Standard Institute on 10/22/2014 00:45 -050067 econonomists polled by Bloomberg predicted rising rates. Rates fell. Many predict rising rates now. Let's look into the wrong assumptions that lead to this prediction.
Why is the Gold Standard Urgent?
Submitted by Gold Standard Institute on 10/15/2014 01:13 -0500The fiat dollar harms us in many ways, but rising prices is the least of them. There is no limit to prices, but credit abuse can only continue so long, before the dollar fails.
Perception vs. Reality at the Fed
Submitted by Gold Standard Institute on 10/03/2014 08:49 -0500Carmen Segarra said, “I come from the world of legal and compliance, we deal with hard evidence. It’s like, we don’t deal with, you know, perceptions.”
How ironic. Segarra worked at the Fed.
A Monetary Cancer Metastasizes in Europe
Submitted by Gold Standard Institute on 09/24/2014 01:22 -0500The ECB again cut the interest rates it controls, deeper into negative territory. It says it’s trying to nudge prices higher, but it’s actually feeding the cancer of falling interest.
Legal Tender Renders Planning Impossible
Submitted by Gold Standard Institute on 07/24/2014 00:47 -0500There is confusion over what legal tender law does. It doesn't force merchants to accept dollars under threat of imprisonment. It attacks lender, by granting debtors a right to repay in dollars.
The National Debt Cannot Be Paid Off
Submitted by Gold Standard Institute on 02/27/2014 01:53 -0500Government spending is out of control. But even if voters and politicians wanted to stop, they couldn't. The root of the problem is a flaw in the nature of the dollar.
We're Building Stasi 2.0
Submitted by Gold Standard Institute on 12/18/2013 00:37 -0500I normally write about gold and economics, but Edward Snowden has brought to the attention of America—and the whole world—a different issue.
Rising Rates Spoil the Party
Submitted by Gold Standard Institute on 12/09/2013 09:58 -0500The rate on the 10-year Treasury bond has risen dramatically. Is it priced in to stocks? Does it mean recovery, at last?
Theory of Interest and Prices in Practice
Submitted by Gold Standard Institute on 10/31/2013 10:27 -0500Are we at the beginning of a new cycle of rising interest and rising prices? No, and here's why.
Interest and Prices Part VI (The End)
Submitted by Gold Standard Institute on 09/20/2013 01:38 -0500The end. The dollar collapsing into zero interest is like a spacecraft crashing into a black hole. The singularity's pull is irresistable.
Theory of Interest and Prices in Paper Currency Part V (Falling Cycle)
Submitted by Gold Standard Institute on 08/23/2013 00:31 -0500A look the end of the rising cycle and the start of the falling cycle, including its dynamics and capital destruction. How does the central bank respond?
Theory of Interest and Prices in Paper Currency Part IV (Rising Cycle)
Submitted by Gold Standard Institute on 07/17/2013 02:02 -0500What happens if the central bank pushes the rate of interest below the marginal time preference? A destructive dynamic is set in motion...
