Articles related to Federal Reserve
Frank Shostak
How Inflation and Unemployment Are Related
A fall in the US unemployment rate to 4.6% in November from 4.9% in the month before, and 5% in November last year, has prompted some commentators to suggest that we are almost at the so-called natural rate, which is believed to be at around 4.5%.It is held that once the unemployment rate falls below an "optimal" rate — called the Non-Accelerating Inflation Rate of Unemployment (NAIRU) — it sets off an inflationary spiral. This acceleration in the rate of inflation takes place through in
Sunday, November 17, 2019
Mike Maloney - Goldsilver
  Common Gold Silver Pitfalls to Avoid 
Investing in gold and silver may seem simple and straightforward, however it is not. There are many types of ( quote, unquote ) "investments" in gold and silver you will want to avoid. Gold and silver dealers are no different from any other industry or crowd of people. Within our industry you will find many good honest professionals and organizations, but you will also find some bad outfits whose practices can be described as underhanded, even criminal. Being the Managing Director of
Saturday, November 16, 2019
Nathan Lewis - New World Economics
Why Base Your Money On Gold A Simple Answer For First-Timers 
The United States embraced the principle of a gold standard – a dollar whose value was linked to a defined quantity of gold – from 1789 to 1971, a stretch of 182 years. During this time, the U.S. was the most successful of any major country, expanding from thirteen war-ravaged states along the Atlantic
Friday, November 15, 2019
Frank Shostak
  Why It's Important to Define Money Correctly
Most economists hold that, since the early 1980s, correlations between various definitions of money and national income have broken down. The reason for this breakdown, it is held, is that financial deregulation has made the demand for money unstable. As a result it is held the usefulness of money as a predictor of economic events has significantly diminished.To fix the instability of the demand for money, economists have introduced a gauge of the money supply known as the Divisia monetary indic
Friday, November 15, 2019
John Butler - Goldmoney
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for un
Thursday, November 14, 2019
Robert P. Murphy
The Gold Standard Did not Cause the Great Depression
Quarterly Journal of Austrian Economics 19, no. 1 (Spring 2016): 101–111[The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression by Scott Sumner]The Midas Paradox is an impressive piece of scholarship, representing the magnum opus of economist Scott Sumner. What makes the book so unique is Sumner’s use of real-time financial data and press accounts in order to explain not just broad issues—such as, “What caused the Great Depression?”—but to offer commentary on th
Tuesday, November 12, 2019
Mike Maloney - Goldsilver
Mexico's Past, the World's Future Currency Devaluations
It seems the world is doomed to repeat the same mistakes, from wars to large economic shocks that could have been avoided. All this, without a doubt, is the responsibility of leaders, who are often blinded by today's apparent prosperity, or by the desire to postpone the inevitable, leading entire nations to what will eventually end in tragedy. The influential forces that these leaders possess,
Wednesday, November 6, 2019
John Paul Koning
  How the Fed Helped Pay for World War I
Governments can pay their bills in three ways: taxes, debt, and inflation. The public usually recognizes the first two, for they are difficult to hide. But the third tends to go unnoticed by the public because it involves a slow and subtle reduction in the value of money, a policy usually unarticulated and complex in design. In this article, I will look under the hood of the Federal Reserve during World War I to explain the actual tools and levers used by monetary authorities to reduce the value
Tuesday, October 29, 2019
Nathan Lewis - New World Economics
God, Gold and Guns
We’ve been looking into One Nation Under Gold (2017), by James Ledbetter. October 2, 2017: One Nation Under Gold (2017), by James Ledbetter October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present. The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” that
Thursday, October 24, 2019
Treasures and Gold Fever - Bix Weir
Golden Secrets (VI) The Grand Canyon National Park...King Solomon's Mines or El Dorado 
In the late 1800's and early 1900's crazy rumors started floating around the Southwest United States about Egyptian cities being found at the northern end of the Grand Canyon. The story went that while traveling down the Colorado River an explorer discovered a secret cave that was filled with egyptian artifacts, texts and ruins. In 1909, an article was written about the find in the Arizona Gazette:
Thursday, October 17, 2019
Rob Kirby - Kirby Analytics
Forensic Examination of the Gold Carry Trade 

Wednesday, October 16, 2019
Charleston Voice
  Death Penalty for Debasing Currency: US Coinage Act of 1792 
As most of you know much of our current law was based on English case law. Hence, this was the Royal Mint's disposition of counterfeiters and forgers. Themethods employed for carrying out the death penalty are appropriate eventoday.: SOLOMON IDSWELL, Deception > forgery, 20th May 1795. Reference Number:t17950520-26 Offence: Deception >forgery Verdict: Guilty Punishment: Death Are Counterfeiting and Treason any less painful a crime upon the people today? We vote "Nay!" Hasn't our central government stolen real money by bank note deception and broken sworn promises ofredeemability from the American people and their foreign trading partners? And haven't our current leaders and appointees past and present lied knowingly to perpetuate thesecrimes ?Tothis,we vote "Yea!" onboth charges.
Wednesday, October 9, 2019
Antal E. Fekete - Gold University
The Supply of Oxen at the IMF
Monday, October 7, 2019
Frank Shostak
Inflation's Not the Only Way Easy Money Destroys Wealth 
The US Federal Reserve can keep stimulating the US economy because inflation is posing little threat, Federal Reserve Bank of Minneapolis President Kocherlakota said. “I am expecting an inflation rate to run below two percent for the next four years, through 2018,” he said. “That means there is more room for monetary policy to be helpful in terms of … boosting demand without running up against generating too much inflation.” The yearly rate of growth of the official consumer price index (CPI) s
Friday, September 27, 2019
Antal E. Fekete - Gold University
Wagner's opera Gotterdämmerung is about the twighlight of pagan gods. The most powerful of the latter-day pagan gods that has been guiding the destinies of humanity for the past two-score of years is Irredeemable Debt. Before August 14, 1971, debts were obligations, and the word "bond" was to mean literally what it said: the opposite of freedom. The privilege of issuing debt had a countervailing responsibility: that of repayment.
Wednesday, September 18, 2019
Alasdair Macleod - Finance and Eco.
The fiat money quantity (FMQ) 
Summary : This paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in fiat currencies might be significantly eroded or even vanish altogether. It is this phenomenon that was referred to in the great European currency inflations of the 1920s as Katastrophenhausse, or a crack-up boom, when ordinary people lose all confidence in a fiat currency, disposing of it as rapidly as possible instead preferring ownership of goods.This is
Tuesday, September 17, 2019
Charleston Voice
FOMC Minutes from 1967 Illuminating Central Bank Gold Price Suppression, Market Manipulations
The issue before us here is not so much the mechanics of deception, but the tenacity and conviction of the banking cartel to use any means to protect themselves.
Saturday, September 14, 2019
Antal E. Fekete - Gold University
Gibson’s Paradox The Gold Price
Friday, September 6, 2019
Russel McDougal - Inv. Daily Edge
The Ghost of Fort Knox Past - Part I 
The U.S. dollar is “as good as gold,” right? Well, not exactly. Those days and decades are long gone. The U.S. remains in the midst of currency woes and a global credit crisis that refuses to go away. Let’s look into what was once the foundation for the buck - gold bricks in Ft. Knox, Kentucky.
Saturday, August 31, 2019
Charleston Voice
Five myths about the Gold Standard I : Ron Paul and Larry McDonald 
Americans are for the most part ignorant of the gold 'standard' envisioned by Ron Paul. Before the 'unenlightened ones' lend an ear to the quacks and frauds that'll twist and spin what Ron Paul proposes, best you read this 1981 congressional tract of his from 1981. A Gold Coin Exchange Standard is what he is suggesting.
Sunday, August 25, 2019