Mr. Robot: “Money hasn’t been real since we got off the gold standard.”
“Money hasn’t been real since we got off the gold standard. It’s become virtual software. The operating system of our world. And we are on the verge of taking down…
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Ralph Benko
136 posts
Ralph Benko is a monetary policy advocate and an internationally syndicated columnist.
Zero Interest Rates and Uncharted Territory
At her June 17th press conference, Fed Chair Janet Yellen stated: Returning to monetary policy, as I noted, the Committee reaffirmed its view that the current 0 to ¼ percent…
Bush and Christie Tackle the Fed: Here’s A Killer App
Governors Bush and Christie recently were commended at ThePulse, here and here, for their astute leadership in raising the issue of the Fed’s role in causing the dearth of job…
Chris Christie and Jeb Bush Show Real Leadership By Tackling the Fed
Recent statements by two presidential aspirants, former Florida Governor Jeb Bush and New Jersey Governor Chris Christie, indicting the Fed for its role in inhibiting job creation, causing wage stagnation…
“The arc of the political universe is long, but it bends towards monetary policy.”
Undeclared presidential candidates New Jersey Governor Chris Christie and former Florida Governor Jeb Bush have pulled into the fore of the presidential debates about the most important factor behind the…
Why Did GDP Just Flatline Again?
A release by Rep. Kevin Brady (R-TX) on Wednesday noted: Economy Off to a Sputtering Start in 2015 “Working families continue to suffer in the slow-growth Obama economy,” says House economic…
Brookings Seeks Huge New Federal Reserve Power Grab
Progressives at Brookings are seeking to free up the federal government to become even more involved in mismanaging our money by declaring our current system “unconstitutional” and giving Washington even…
Kudlow: Greenspan Saying Gold is the Only Real Currency
Larry Kudlow mentions that Alan Greenspan is touting something like a gold standard: As for rules and the Fed, there are a bunch of proposals out there: There’s the inflation-fighting…
Janet Yellen Meets the Right
In my weekly Forbes.com column today, I described the presentations made at a meeting led by American Principles in Action with Federal Reserve Board Chair Janet Yellen and Governor Lael…
Contra Vinik: Rand Paul Silent on Gold
Contrary to Vinik’s assertion, Rand Paul has never, to my knowledge, stated his position on the gold standard. And our current regime is not monetarist; it is fiduciary. Ralph Benko,…
Latest Twist in Audit the Fed Debate
The political firepower generated by Sen. Rand Paul’s Audit the Fed bill is now giving new attention to an alternative or potentially complimentary political response: to shift power from the…
Rand Paul Earns Kudos Not Just Critiques
Steve, Rand Paul never predicted hyperinflation. He expressed two passing statements of concern in two obscure venues. That by no means constitutes a prediction. Moreover, Paul received a number of plaudits, not just…
George Selgin to Fed: Why Object to GAO Audit?
George Selgin, director of Cato’s Center for Monetary and Financial Alternatives and a former professor at the University of Georgia, looks on in bemusement as the Federal Reserve circles the…
Rand Paul Draws Liberal Fire Over Audit the Fed, Part Two
Sen. Rand Paul is drawing liberal fire from many left wing commentators, now including Prof. Paul Krugman. Many of the criticisms are badly off base. As noted in yesterday’s column there is…
Politico reports that Wall Street is sharpening its long knives for Rand Paul
Politico reports that: Rand Paul traveled to Des Moines, Iowa, recently and delivered a sure-fire applause line. “Anybody here want to audit the Fed?” the Kentucky senator asked. “Anybody feel…
Rand Paul Draws Liberal Fire Over Audit the Fed, Part One
The New Republic, in its February 8th issue, carries an article by Danny Vinik entitled Rand Paul Has the Most Dangerous Economic Views of Any 2016 Candidate. It appears that…
