-
Recent Posts
Recent Comments
wcoats on Access to COVID-19 vaccin… Jim Roumasset on Access to COVID-19 vaccin… Joe Cobb on Access to COVID-19 vaccin… 27rpringlegmailcom on Access to COVID-19 vaccin… Carol Hoban Blakesle… on Conflicts of interest in … Archives
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- October 2018
- September 2018
- August 2018
- July 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- August 2016
- July 2016
- June 2016
- May 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- September 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- April 2013
- March 2013
- December 2012
- October 2012
- September 2012
- August 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
Categories
Meta
Category Archives: Money
Judy Shelton’s monetary policy
I share Judy Shelton’s support for monetary policy with a hard anchor. Following currency board rules, the public should determine the money supply they want to hold at its fixed price. Historically, gold was the most common hard anchor. It … Continue reading
Posted in Money
Tagged Federal Reserve, gold, Judy Shelton, Monetary anchor, monetary policy, Monetary standards
Leave a comment
My Travels in the Former Soviet Union
FSU: Building Market Economy Monetary Systems–My Travels in the Former Soviet Union By Warren L Coats (2020) Kindle and paperback versions available at: https://www.amazon.com/FSU-Building-Economy-Monetary-Systems-ebook/dp/B08K3WNQK2/ref=sr_1_2?dchild=1&keywords=warren+Coats&qid=1601491694&s=books&sr=1-2 By the end of 1991 the pressures for the Union of Soviet Socialist Republics (USSR) to … Continue reading
Posted in Economics, Kazakhstan, Money, Travel
Tagged FSU, Kazakhstan, Kyrygzstan, Moldova, Russia, Tashkent, USSR
Leave a comment
My travels to Afghanistan
Afghanistan: Rebuilding the Central Bank after 9/11 — My Travels to Kabul By Warren Coats Kindle and paperback versions available at: “Afghanistan-Rebuilding the Central Bank after 9/11” Watching the collapse of the twin Trade Towers in New York on September … Continue reading
Posted in Afghanistan, Economics, Money
Tagged Afghanistan, Da Afghanistan Bank, IMF, Kabul, Kabulbank
Leave a comment
The order to reopen–who gives it?
Like all of us, President Trump is eager to reopen the economy. Does he have the authority to do so or do state governors? Fortunately, neither can force us to start eating out again, or return to our offices. We … Continue reading
Posted in Healthcare, Money, regulation, taxes
Tagged covid-19, Federal Reserve, Germany, lock down, public health, quarantine, shelter in place, testing
1 Comment
Econ 201: CARES Act–Who pays for it?
April 11, 2010 Congress has authorized over 2 trillion dollars (so far) to help those harmed by the partial shutdown of the economy undertaken to slow the spread of the SARS-CoV-2 virus, and to facilitate its rapid recovery when it … Continue reading
Posted in Debt, Economics, Healthcare, Money
Tagged CARES Act, covid-19, debt, deficit, inflation, lockdown, quarentine, shelter in place
Leave a comment
Covid-19: What should Uncle Sam do?
On February 29 the first person in the United States died from Covid-19, the disease caused by SARS-CoV-2, the so-called novel coronavirus first observed in Wuhan, China. On March 12, three more people succumbed from this disease bringing the total … Continue reading
Posted in Healthcare, Money, regulation, taxes, trade
Tagged bail out, China, coronavirus, covid-19, Fiscal Policy, Hong Kong, Italy, Korea, monetary policy, moral hazard, Peggy Noonan, SARS-CoV-2, shut down, Singapore, Taiwan, test kits
Leave a comment
Paul Volcker, RIP
Paul Volcker was a man of strong convictions, including a commitment to sound money https://wcoats.blog/2017/10/14/sound-money/. It surprises me that in 1971 he urged President Nixon to end the United States’ commitment to maintaining the price of gold to which most … Continue reading
Posted in Economics, Money
Tagged David Lindsey, Federal Reserve, G. William Miller, inflation, monetary policy, Nancy Teeters, Paul Volcker, Tom Simpson
Leave a comment
Whither Libra?
Every other day, it seems, we witness the launch of a new crypto (digital) currency. Each combines a medium of exchange (a currency) and a means of payment (a technical process of delivering the currency—of making a payment with it). … Continue reading
Posted in Money
Tagged AML/CFT, bitcoin, Calibra, cryptocurrency, Currency, digital currency, digital tokens, Facebook, IMF, Libra, Money, PayPal, Popmoney, SDR, Zelle
Leave a comment
Returning to Currencies with Hard Anchors
Why did the gold standard ultimately fail? What system would overcome those weaknesses? See my: Adam Smith Institute Blog
Modern Monetary Theory—A Critique
So called Modern Monetary Theory (MMT) has become popular with Green New Dealers because it claims to remove or at least loosen traditional constraints on government spending. MMT offers unconventional ideas about the origins of money, how money is created … Continue reading