News
Market Watch | Atlanta Fed's Lockhart: Close call on more easing
Atlanta Fed President Dennis Lockhart said it's a "close call" as to whether more easing is needed at this point. Speaking on CNBC, Lockhart said it's clear the economy is growing around 2% and that inflation is "well behaved." Lockhart is a voting member of the Federal Open Market Committee.
Econ Comments & Analysis
CNN Money | Baltimore: The city that sues the banks
The Libor scandal plays out in an unlikely place - the streets of Charm City.
WSJ | The Gold Standard Goes Mainstream
In the ferment within today's Republican Party, there's a growing realization that America's system of fiat money is part of the economic problem.
Forbes | What Is It About a Stable Dollar That Paul Krugman Doesn't Understand?
During the 180 years that we had one form or another of “a fixed value for the dollar” (1790 – 1970), the U.S. economy grew at an average annual real rate of 3.94%. During the past 41 years of fiat money (1970 – 2011), our real GDP grew at 2.81%.
Blogs
WSJ: Real Time Economics | Negative Rates Would Have Many Consequences
There would be several potentially negative consequences for both the U.S. economy and finance generally if borrowers start getting paid by those lending them cash, two economists warned.
Free Banking | Let’s have the debate on gold
Among those wishing to foreclose debate I see many clever scribblers, but nobody who shows evidence of having studied in detail the history and workings of the gold standard, as it existed both inside and outside the United States.
