How to Return to a Gold Standard Without Disrupting Liquidity Needs

All you need to do is change the Fed’s mandate from targeting interest rates to targeting Gold. The Fed can easily keep the price of Gold within a tight trading range by increasing liquidity when the Price of gold dips below the prescribed range (indicating deflationary pressures) and conversely selling bonds to mop up excess… Continue reading How to Return to a Gold Standard Without Disrupting Liquidity Needs

The Unnatural Phenomenon of Inflation

Today on CNBC they said one could make a pile of money if one could guess when they would raise rates again. This highlights one of the biggest atrocities in the World’s economic system. Trillions of dollars are tied up in the currency futures, hedging the wild swings in the value of currency, trillions that… Continue reading The Unnatural Phenomenon of Inflation

We Need A Gold Standard for Economic Prosperity

(Two email letters I sent concerning this subject) March 22nd, 2009 Dear Adam Curry (@adamcurry), Ending inflation and deflation is very simple. All that has to happen is for the Fed to keep the dollar/gold ratio in a tight range by printing dollars when the price of gold gets too low (ie 1997, $10 barrel… Continue reading We Need A Gold Standard for Economic Prosperity