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“Federal Reserve Chairman Ben Bernanke said China is “risking inflation” in its own economy, while threatening other nations, by not allowing its currency to appreciate. In an interview with CBS’s […]
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by Gerald P. O’Driscoll, Jr. Why do nations have central banks? Countries have developed without one, and sophisticated financial systems have evolved in their absence. Some countries with a central […]
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“South Africa’s currency appreciated as much as 0.3 percent to 6.8530 per dollar and traded at 6.8550 by 9:35 a.m. in Johannesburg, from a previous close of 6.8760. Against the […]
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““Ultimately, the low interest rate and the negative real interest rate is a serious detriment to savings,” Gross said. “During periods of time like this in which governments are forced […]
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“Monetary affairs have been a stronghold of national sovereignty, and international law is poorly developed in this field, which has been characterized by informal coordination. This article explores the theoretical […]
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“The nation which indulges itself with an inflationary “boom” inev itably faces the economic conse quences: either runaway inflation or a serious recession-depression. If the inflation should cease, unem ployment […]
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“Ballooning U.S. debt is a serious long-term threat, but the economy needs more stimulus now, a top Federal Reserve official said Wednesday. Fed Vice Chairwoman Janet Yellen said she supported […]
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“In light of Bernanke’s plans to purchase $600 billion of longer-term government debt, many academic economists are beginning to worry: Could the Federal Reserve itself become insolvent? In this article […]
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Research Reports – 1990, Issue: 12 Creating A Money Economy: Eastern Europe’s Crucial Challenge The following remarks have been excerpted from University of Zurich Professor Willy Linder’s “Monetary Aspects of […]
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Economic Education Bulletin Vol. XXVIII, no. 6 | June, 1988 includes content by Dr. James M. Buchanan, and Dr. Peter Bernholz