Monetary Policy Commentary

The World's Long Affair with Gold

John Quiggin | Jun 03, 2013
Bitcoin will come and go, but speculative trading of this precious metal is here to stay.

The Bitcoin Bubble and a Bad Hypothesis

John Quiggin | Apr 16, 2013
Under the efficient-markets hypothesis, a worthless digital currency should have never gotten off the ground.

The Meaning of Gold's Plummet

Jay Zawatsky | Apr 16, 2013
Rapidly expanding central-bank balance sheets threaten the global economy.

The Currency of U.S.-Chinese Trade

Tom Velk
Olivia Gong
| Mar 25, 2013
Treasury Bills have become a de facto means of international exchange. Stabilizing them would aid those who invest in America.

How to Go Gold

Ralph Benko | Mar 08, 2013
Is it time to turn back?

The Hypocritical Attack on S&P

Jay Zawatsky | Feb 12, 2013
The ratings agencies engaged in fraud, but the government that seeks to punish them for it is no less guilty.

Egypt's Economy Stumbles

Felix Imonti | Feb 07, 2013
Shortages of foreign exchange and limited growth make things precarious.

Obama Fiddles, Globalization Burns

Robert W. Merry | Dec 27, 2012
The administration is howling about top tax rates while the risk of currency and trade wars increases.

Does China Belong in the WTO?

A. Greer Meisels | Dec 21, 2012
The PRC may not be the fairest trading partner, but things could be far worse.

Austerity Has Yet To Come To Greece

Nikos Tsafos | Oct 30, 2012
The idea that austerity is killing Greece is absurd. The problem is the inability to practice austerity.

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June 19, 2013