Monetary Policy

The Legal Tender Cases

In the December term of 1870, the Supreme Court considered the constitutionality of a statute authorizing the issuance of U.S. notes (or “greenbacks”) and making those notes “legal tender in payment of all debts, public and private.” That statute, the Legal Tender Act of 1862, was signed into law less than a year after the introduction of the nation’s ... [click for more]

Separate Money and the State (video)

*Please note that due to technical limitations, the video and audio quality of this presentation is lower than normal. The Future of Freedom Foundation presents the panel "Separate Money and the State" with Jacob Hornberger, Richard Ebeling, and Jeffrey Tucker at FreedomFest 2016 in Las Vegas, Nevada. Libertarians believe in free markets, and the market for ... [click for more]

The Government Must Stop Printing Phony Money

If advocates of freedom were to make up a list of New Year’s resolutions for 2016, one of the most important items should be ending government’s monopoly control over money. In a free society, people in the marketplace should decide what they wish to use as money, not the government. For more than two hundred years, practically all of even ... [click for more]

Paper Money Versus The Gold Standard: An Explanation

We are living in a time that can only be considered monetary chaos. The U.S. Federal Reserve has manipulated key interest rates down to practically zero for the last six years, and expanded the money supply in the banking system by $4 trillion dollars over that time. And with the true mentality of the monetary central planner, the Fed ... [click for more]

Time to End Monetary Central Planning

There is no way to describe current Federal Reserve policy other than as monetary confusion and misdirection. In a nutshell, Janet Yellen and the other members of the Fed’s Board of Governors have no idea what to do. Do they raise certain interest rates over which they have some direct influence? Do they keep them at their current rock ... [click for more]
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