Sound Money
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What if Gold Coins Were Mated With Bank Notes? An Interview with Jeremy Cordon of Goldback
“There is certainly a market for sound money that is hard to serve legally. Yet Cordon has proposed a way to serve that market – at least in an anachronistic sense. But those bought into the promise of cryptocurrencies, might have doubts. Cordon agreed to be interviewed.” ~ Max Borders
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Sound Money Still Matters
“By making precious metals a more integral part of citizens’ lives, state gold depositories are key to a return to sound money.” ~ Peter C. Earle
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Roads to Sound Money, Edited by Judy Shelton
In 2012, the Sound Money Project, then part of the Atlas Economic Research Foundation, released Roads to Sound Money, a collection of essays edited with a foreword by Judy Shelton. The Sound Money Project is now part of the American Institute for Economic Research. AIER is pleased to post the full contents below.
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Fed Lending Programs Might Be Legal, but They’re Still Bad Policies
“Congress should not use the Fed to accomplish fiscal goals through monetary means. There is no good reason to give the Fed a free pass just because their irresponsible decisions come with statutory cover.” ~ Alexander W. Salter
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R.I.P. Richard H. Timberlake
“Timberlake provided a blueprint for future sound money scholars to conduct thorough and well-respected research on monetary theory and history.” ~ Scott Burns
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Judy Shelton and the Dual Mandate Debate
Shelton is right to criticize the full-employment aspect of the Fed’s dual mandate.
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Judy Shelton on Competitive and Private Currencies
A government money monopoly, writes Judy Shelton, “invites a more sinister abuse of government power – even tyranny – as government precludes market entry to alternative issuers.”
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What to Read on Money
As an introduction to the topics that will be dealt with in the AIER Graduate Colloquium, over the next few weeks Joakim Book will summarize the core readings that our students are currently reading to prepare for a good discussion at the event.
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The Libra Is More Significant than You Think
The Libra has the potential to mark the start of something because if widely used, it will open the eyes of the global population to a truth about money: it works best when its value is stable, plus it needn’t be a government creation.
