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Can We Envision a World without a Central Bank?
I’ve expressed concern about QE3 and other decisions by the Federal Reserve about monetary policy, but I have also admitted that it’s difficult to know the right monetary policy because… Read more
QE3: A Risky Ploy to Solve the Problems of Bad Fiscal Policy with Bad Monetary Policy
For all intents and purposes, Bernanke has said that the Fed is going to relentlessly focus on the variable it can’t control (employment) at the risk of causing bad news for the variable it can control (inflation). Since that hasn’t worked in the past, it presumably won’t work in the future.
If We Can’t End the Fed, Can We at Least Subject It to Competition?
Ron Paul has made “End the Fed” a popular slogan, but some people worry that this is a radical untested idea. In part, this is because it is human nature… Read more
The Gold Standard Is a Good System, but Governments Can’t Be Trusted to Operate It Honestly
I’ve linked before to Professor George Selgin’s masterful video on the Federal Reserve’s horrible track record, and I’ve done my own video on the origin of central banking. These types… Read more
Ten Reasons to Dislike the Federal Reserve
Nothing compares to the depth and substance of Professor George Selgin’s scholarly take-down of the Federal Reserve, but this video by a local libertarian has a very authentic feel. Julie… Read more
The Federal Reserve, the “Twist,” Inflation, QE3, and Pushing on a String
In a move that some are calling QE3, the Federal Reserve announced yesterday that it will engage in a policy called “the twist” – selling short-term bonds and buying long-term… Read more
Another Fed-Bashing Video
I generally try to avoid commenting on monetary policy. Not because I don’t have opinions, but for the simple reason that I don’t follow the issue closely enough to feel… Read more
Easy Money from the Federal Reserve Is Not the Solution for America’s Economic Problems
Allen Meltzer, an economist at Carnegie Mellon University, writes today in the Wall Street Journal about the Fed’s worrisome announcement that it will continue the easy-money policy of artificially low… Read more
Private Digital Money and the Fight Against Oppressive Government
I’m depressed about the global network of tax police being organized by the OECD and high-tax governments. If successful, it will lead to much bigger, more oppressive government. But maybe… Read more
End the Fed: More than Just a Bumper Sticker Slogan?
To put it mildly, the Federal Reserve has a dismal track record. It bears significant responsibility for almost every major economic upheaval of the past 100 years, including the Great… Read more
