gold standard

federal reserve facade 1
The facade of the Federal Reserve Bank.

Three Steps to Save America from Collapse

Our monetary system is broken. It’s given us low growth, a shrinking job force, inequality beyond what a healthy economy would produce, inefficiency, and the unnatural growth of finance as a portion of the economy. Our aging Federal Reserve System starves both small businesses and Silicon Valley of the capital needed to grow jobs and wages. Fed policy translates into Read More ›

The Fed ‘is a god that has failed’

Why does Wall Street keep recovering after recessions but the economy seemingly never does? The reason, as I document in my book, “The Scandal of Money: Why Wall Street Recovers but the Economy Never Does” is that Washington and the Federal Reserve together have created a closed loop economy where the Fed creates money for the government and the S&P Read More ›

Trump Can Succeed On Trade By Ending Global Currency Manipulation

World trade in goods and services has morphed into a gigantic manipulative carnival of currency trading. This needs to change. Folks, we have a consensus here. Formidable thinkers such as Paul Krugman, Larry Summers, and David Stockman, some 370 economists including 19 Nobel Laureates, and editors at the Economist, Fortune, and Barron’s all believe that Donald Trump as president is Read More ›

closeup-on-benjamin-franklin-eyes-from-100-dollar-bill-american-currency-as-a-world-money-concept-stockpack-adobe-stock.jpg
Closeup on Benjamin Franklin eyes from 100 dollar bill. American currency as a world money concept.
Licensed from Adobe Stock

The Gilder

George Gilder’s brilliant new book — The Scandal of Money — underscores an odd fact. There’s an expanding list of newspapermen and writers who, having reached a certain age and covered the intellectual and political wars, have turned late in their careers and at the peak of their powers to the problem of money. They are riveted by the recognition Read More ›

Gold Is The Money Of The Future: Gilder’s 21st Century Case For Gold

This article, published by Forbes, discusses Discovery Institute Senior Fellow George Gilder and his book The 21st Century Case for Gold: In his fascinating recent book, The 21st Century Case For Gold, George Gilder flips the debate back against those who would denigrate the gold standard as a ‘barbarous relic’. For Gilder, fluctuating currency values are the relic, totally unfit for the modern Read More ›

High Tech Guru George Gilder Demolishes A Critical Myth About The Gold Standard

This article, published by Forbes, discusses Discovery Institute Senior Fellow George Gilder: What if the gold standard is not an antique but, rather, a “timeless classic” (as termed in a speech by Bundesbank President Jens Weidmann in September 2012)? High tech guru George Gilder deploys cutting-edge science to show why this is so, based on Shannon information theory. Gilder’s analysis is neither eccentric nor anomalous. Read More ›

Gilder

George Gilder Joins Team Gold And Explains Where Friedman Went Wrong

My goodness! I honestly believe that today’s team of Classical monetary intellectuals is probably the best since about 1910. The long era of monetary ignorance, that characterized the 20th century, is finally passing. That team is strengthened now by the powerful intellect of George Gilder, who recently released a monograph entitled: The 21st Century Case for Gold: A New Information Theory of Money. Read More ›

Turning Away From the Dollar

European debt problems have kept financial markets on edge during much of the last two years, but it is the debt problem in the United States that is far more likely to precipitate a global crisis. Recently, Lawrence Goodman, a former crisis-prevention analyst at the U.S. Treasury, sounded the alarm that investors balked at low coupon rates last year, forcing Read More ›

As U.S. Debt Soars, Dollar May Lose Reserve Status

European debt problems have received a lot of media attention, but it is the debt problem in the U.S. that is far more likely to precipitate a global crisis. Former U.S. Treasury official Lawrence Goodman sounded the alarm recently when he noted that investors are shunning low-yielding U.S. Treasuries, forcing the Fed to buy “a stunning … 61% of the Read More ›