monetary policy


To Wish Impossible Things

By Bionic Mosquito Bionic Mosquito February 22, 2017   To Wish Impossible Things     it was the sweetness of your skin it was the hope of all we might have been that fills me with the hope to wish impossible things The Cure Fix the Fed. This is the wish of John Mauldin, advocating […]

If this is the mandate for the Fed, why have a Fed? Why have a lender of last resort?

Top Five Monetary Policy Issues To Watch In 2017

Top Five Monetary Policy Issues To Watch In 2017

By Paul-Martin Foss Carl Menger Center January 7, 2017   Top Five Monetary Policy Issues To Watch In 2017   With a new year come new opportunities as well as new issues to take into consideration. Here are the five most important issues to keep an eye on in 2017. 1. Trump Presidency The most […]


Takeaways From The FOMC Meeting

By Paul-Martin Foss Carl Menger Center December 15, 2016   Takeaways From The FOMC Meeting     As expected, the Federal Open Market Committee (FOMC) raised its target federal funds rate to 0.50-0.75%. There wasn’t much substantive change in the language of the statement. Economic activity was judged to be expanding at a moderate pace, […]

If this is the mandate for the Fed, why have a Fed? Why have a lender of last resort?

Ron Paul

To Really ‘Make America Great Again,’ End the Fed!

By Ron Paul Ron Paul Institute November 28, 2016   To Really ‘Make America Great Again,’ End the Fed!   Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve’s easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White […]


Austrians at the Fed?

By Jeff Deist Mises Institute November 21, 2016   Austrians at the Fed?   Coverage of central banks and monetary policy in popular financial media outlets like Bloomberg, Financial Times, Forbes, Wall Street Journal, and The Economist is almost uniformly bad. The reporting and analysis are superficial, and the writers tend to assume facts not in evidence. The same myths repeat themselves ad […]

Austrians at the Fed?

If this is the mandate for the Fed, why have a Fed? Why have a lender of last resort?

Fed Holds Rates Steady: Setting Up for December Hike?

By Paul-Martin Foss Carl Menger Center November 2, 2016    Fed Holds Rates Steady: Setting Up for December Hike?     In an unsurprising decision, the Federal Open Market Committee (FOMC) decided today once again to keep its target federal funds rate steady at 0.25-0.50%. It was widely speculated that the FOMC would hold rates […]


No, the Fed Doesn’t Have a Plan. Yes, the Fed Really is Monetizing Government Debt

By Jeff Deist Mises Institute September 21, 2016   No, the Fed Doesn’t Have a Plan. Yes, the Fed Really is Monetizing Government Debt   Oh, what a difference a few years make. After the Crash of ’08, the Fed entered a period of “extraordinary” monetary policy marked by large scale purchases of Treasuries and other (worse) […]

No, the Fed Doesn't Have a Plan. Yes, the Fed Really is Monetizing Government Debt

Today in History: President Nixon Closes the Gold Window

Today in History: President Nixon Closes the Gold Window

By Paul-Martin Foss Carl Menger Center August 15, 2016   Today in History: President Nixon Closes the Gold Window       45 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window. While US citizens had been forbidden from owning gold or from redeeming their gold certificates for gold […]


The Path to Fed-Exit

By Ron Paul Ron Paul Institute July 25, 2016   I recently proposed that the liberty movement capitalize on Brexit with “Fed-exit”: a campaign to “secede” from the Federal Reserve. Fed-exit could be accomplished with a few simple policy changes. Passing Audit the Fed is a good first step toward Fed-exit. Contrary to the Federal Reserve’s […]

Ron Paul

Ron Paul

Don’t Reform the Fed, Fed-Exit! 1

By Ron Paul Ron Paul Institute July 18, 2016   Opponents of a central bank should take advantage of the post-Brexit vote revival of secessionist sentiments to promote a secession from central banking, or “Fed-exit.” Ending the Federal Reserve’s monopoly on money is the key to restoring and maintaining our liberty and prosperity. By manipulating […]


Is Trump a Bigger Threat to Wall Street than Sanders?

By Tho Bishop Mises.org May 5, 2016   Is Trump a Bigger Threat to Wall Street than Sanders?   And then there was one. Proving once again that the endorsements of celebrities and sports heroes is more important than politicians, Donald Trump dominated the Indiana primary, prompting the official end of Ted Cruz’s and John Kasich’s campaigns. […]

Is Trump a Bigger Threat to Wall Street than Sanders?

Central Banks, Fiat Money, and Barter

By Paul-Martin Foss Carl Menger Center April 12, 2016   Central Banks, Fiat Money, and Barter     There have been many monetary cranks over the course of the centuries who have thought that creating more money would benefit society, and have sought to do so by creating money backed by assets. John Law’s Mississippi […]


Japan’s Wild Monetary Experiment Is Far From Over

By Brendan Brown Mises.org April 12, 2016   Japan’s Wild Monetary Experiment Is Far From Over   The leading narrative in the foreign exchange markets is told and re-told to explain how the Japanese yen has surged this year despite an ever wilder monetary experiment pursued by the Abe government. The story seems plausible to many, and […]

Japan’s Wild Monetary Experiment Is Far From Over

Sound Money and Fiscal Policy

Sound Money and Fiscal Policy 2

By Paul-Martin Foss Carl Menger Center April 11, 2016   Sound Money and Fiscal Policy     The week before last marked my first time attending the Austrian Economics Research Conference, an annual meeting of economists of the Austrian School hosted by the Ludwig von Mises Institute in Auburn, AL. While many of the presentations […]


Fed Positions Itself to Unleash Three Tools of Power Expansion

By Daily Bell Staff The Daily Bell March 19, 2016   Fed Positions Itself to Unleash Three Tools of Power Expansion     “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability … Against this backdrop, the Committee decided to maintain the target range for the federal funds rate […]

Fed Positions Itself to Unleash Three Tools of Power Expansion