Centennial Monetary Commission Archives

Analysis

Wall Street Journal to President Trump: It’s Time for Monetary Reform

This week, a fantastic editorial appeared in the Wall Street Journal that has sparked a very important conversation. In the article, the paper’s editorial board encourages President Trump to use monetary…

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Analysis

Good Monetary Policy Is Too Serious a Matter to Be Left to the Fed

US News and World Report‘s Andrew Soergel reports that “With White House in Sight, Trump, Clinton Plan Fed Renovations: No matter who wins the election, times are likely changing at…

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Analysis

Will President Trump or Clinton Evade What Sunk the Ford, Carter, Bush and Obama Economy?

Whoever wins the presidency there is a lurking issue, the most underappreciated issue in politics. Getting it wrong destroyed the economy (and contributed to ending the presidencies) of Ford and…

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The Best Hope for Restoring the American Dream Now Lives in the US Senate

Who will conjure the American Dream back for us? Politics is part prestidigitation, part reality. A great magician distracts her audience’s attention while producing the payoff. Abracadabra! Want to see how…

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The Fed Needs Adult Supervision. Time to Pass This Bill.

After meeting with progressive lobbyists at the Federal Reserve’s annual Jackson Hole retreat, Fed policymakers declared on Friday that the Fed needed new “tools” to manage the economy, including the…

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The Fed’s Surrealistic “Melting Clocks” Monetary Policy Is the American Dream Killer

“Houston, we’ve had a problem here.” With those low-key words, command module pilot Jack Swigert of Apollo 13 revealed that, in the later recollection of mission commander James A. Lovell, its…

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The Wall Street Journal Takes Notice of the 2016 GOP Platform and the Gold Standard

Kate Davidson in The Wall Street Journal recently took note of a GOP 2016 plank that had been largely overlooked in all the focus on the social issues in the…

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Bloomberg News, Calling Gold “Everyone’s Favorite Standard,” Gives A Pulitzer-Worthy Scoop

A report by Michelle Jamrisko in Bloomberg News on May 17th, headlined “Make America Gold Again: Calls for Everyone’s Favorite Standard Are Back,” suggests that the headline may have outrun its pass…

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Rand Paul Likens Fed to Soviet Politburo After Interest Rate Increase

On Wednesday, the Federal Reserve announced that it was raising interest rates for the first time in seven years. Surprisingly, longtime critic of zero interest rates Senator Rand Paul skipped…

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Antiquated Fed Raises Interest Rates for First Time in Nearly a Decade

Today, after seven years, the Federal Reserve finally took steps toward ending its failed zero-interest rate policy, announcing in a unanimous decision that it would raise the federal funds rate…

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Cruz Questions Yellen on Fed Policy

Ralph, you noted this first, but this New York Sun editorial is worth a closer look. In a glowing column Friday, the Sun praised Ted Cruz for his astute questioning…

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Game Changer: House Confronts Fed Chair Janet Yellen

On Thursday, Nov. 19, the Paul Ryan House took its most impressive step yet in advancing Speaker Ryan’s (R-Wis.) promised transformation of our political culture. Ryan, in accepting the gavel,…

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House Passes Historic Legislation Exercising Authority Over Federal Reserve

In a historic vote this morning of 241-185, the House of Representatives passed H.R. 3189, the Federal Oversight Reform and Modernization Act. The FORM Act — very much including Chairman Kevin…

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Ted Cruz Hits a Grand Slam: The Dollar Should Be “Ideally Tied to Gold”

Financial reporter Rick Santelli — who triggered the Tea Party movement — put a profound question to Sens. Ted Cruz and Rand Paul in the CNBC presidential economic debate. Santelli’s…

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“It’s The Economy, Stupid!” Time For CNBC To Grill Candidates On Monetary, Tax, Trade Policy

At last, we mere voters might get to watch a debate that will focus on the two top issues that virtually every poll places at the top of our concerns:…

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High Praise for Rand Paul’s Challenge of Ben Bernanke to Debate

The Libertarian Republic has this to say about Senator and presidential candidate Rand Paul’s recent challenge of Ben Bernanke to debate: Ben Bernanke, who recently called Senator Rand Paul and…

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Ben Carson Links Debt to Monetary Policy

Dr. Ben Carson was interviewed on the economy last week by Marketplace host Kai Ryssdal. Carson talked about America’s debt and made an important connection between the growth of the…

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Negative Interest Rates? Is the Fed Delusional?

The latest jobs report is lackluster — just 142,000 jobs were added to the economy in September. The labor force participation rate is now down to its lowest level since…

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Dante’s Inferno Suggests Why Washington Lies in the Eighth Circle of Hell — And How It Can Escape

Revealed, in my Forbes.com column last weekend: Washington appears stuck in the Eighth Circle to which Dante assigns Falsifiers. Dante consigned alchemists and counterfeiters to the bottom of this next-to-lowest…

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Hey Jake Tapper, Ask About the Fed!

Sen. Rand Paul and a co-author, on the occasion of today’s FOMC meeting and the morning before the second presidential debate, took to The Wall Street Journal editorial page to…

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