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Monetary Freedom

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium.

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Monetary Freedom | monetaryfreedom-billwoolsey.blogspot.com Reviews
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Musings on economics and politics, with a special interest in free banking and monetary disequilibrium.
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Monetary Freedom | monetaryfreedom-billwoolsey.blogspot.com Reviews

https://monetaryfreedom-billwoolsey.blogspot.com

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium.

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monetaryfreedom-billwoolsey.blogspot.com monetaryfreedom-billwoolsey.blogspot.com
1

Monetary Freedom: February 2015

http://monetaryfreedom-billwoolsey.blogspot.com/2015_02_01_archive.html

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium. Tuesday, February 17, 2015. David Glasner again argues. Against the identity between saving and investment. He finds some quote by Scott Sumner where it sounds like Sumner claims that the profession has just decided to define saving so that it means the same thing as investment. I don't really think that is true. Planned saving doesn't have to equal planned investment. It is certainly possible that...

2

Monetary Freedom: No Good Deflation?

http://monetaryfreedom-billwoolsey.blogspot.com/2015/03/no-good-deflation.html

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium. Wednesday, March 4, 2015. David Beckworth commented on a Greg Ip piece. In the Wall Street Journal where Ip claims that there is no such thing as good deflation. What about credit supply? Since lenders will be paid back in dollars that purchase more, won't this motivate people to lend more? It would seem so, but what is the alternative? But with "good" deflation that isn't true. While some prices a...

3

Monetary Freedom: March 2015

http://monetaryfreedom-billwoolsey.blogspot.com/2015_03_01_archive.html

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium. Saturday, March 21, 2015. Are Open Market Operations Distortionary? Still, let us suppose that the government has a national debt because of past wars but that it now balances its budget. The central bank always adjusts the quantity of money by buying and selling existing government bonds. An increase in supply creates a surplus at the initial price, but as the price decreases, quantity supplied decrea...

4

Monetary Freedom: Yates on Lags and a Balanced Budget

http://monetaryfreedom-billwoolsey.blogspot.com/2015/03/yates-on-lags-and-balanced-budget.html

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium. Sunday, March 1, 2015. Yates on Lags and a Balanced Budget. Well they are all a twitter. That Wiesenthal of Bloomberg asked what MaMos would think of a balanced budget rule. He then added how Noah Smith twitted a link to a Scott Sumner post claiming that long and variable lags are a myth. I have no interest in using discretionary fiscal policy, including tax cuts, to return spending on output to a targ...

5

Monetary Freedom: Milton Friedman: Proponent of Bailouts?

http://monetaryfreedom-billwoolsey.blogspot.com/2009/08/milton-friedman-proponent-of-bailouts.html

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium. Tuesday, August 25, 2009. Milton Friedman: Proponent of Bailouts? In a recent article. Claims that the Wall Street bailout by Bernanke. What then, is a "bank bailout? Milton Friedman certainly claimed that it was bank runs that directly caused the contraction in the money supply. Or more precisely. He specifically criticized the Board of Governors for reversing the open market operations that had been ...

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Donald Trump supporters let Megyn Kelly have “it” (LOL) | dajeeps

https://dajeeps.wordpress.com/2015/08/07/donald-trump-supporters-let-megyn-kelly-have-it-lol

The Incorrigible Market Monetarist. Donald Trump supporters let Megyn Kelly have “it” (LOL). Asymp; Leave a comment. Here’s some reaction to a question Megyn Kelly asked Donald Trump at last night’s debate. It’s all in the video.🙂. Larr; Previous post. Next post →. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Address never made public). You are commenting using your WordPress.com account. ( Log Out. Notify me of new comments via email.

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N.Y. Fed’s chief job rationer Dudley labels unemployed as worthless | dajeeps

https://dajeeps.wordpress.com/2015/08/13/n-y-feds-chief-job-rationer-dudley-labels-unemployed-was-worthless

The Incorrigible Market Monetarist. NY Fed’s chief job rationer Dudley labels unemployed as worthless. Asymp; 2 Comments. Seven years after the worst monetary crisis since the Great Depression, one might think, especially with the economy supposedly nearing estimates of an unemployment rate equaling full employment, that it would be time to move on to other subjects like which way from here is up. Not so. As N.Y. Fed’s Dudley traveled to Rochester, NY on a district visit, among his remarks. You are comme...

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Donald Trump – Oh my | dajeeps

https://dajeeps.wordpress.com/2015/07/21/donald-trump-oh-my

The Incorrigible Market Monetarist. Donald Trump Oh my. Asymp; 1 Comment. Donald Trump embarrasses me. Not because I ever said anything in his favor. I haven’t. But because I called Jeb Bush a gaffe machine. And Donald Trump makes Jeb Bush look like the God of political correctness. Although, I have to admit, about 14 years ago I found Trump’s then rhetoric appealing and considered supporting him in his political aspirations. At the very least, perhaps Donald Trump would like to explain how easy or diffi...

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Exaggerations, contradictions abound: We’re in big trouble | dajeeps

https://dajeeps.wordpress.com/2015/07/31/exaggerations-contradictions-abound-were-in-big-trouble

The Incorrigible Market Monetarist. Exaggerations, contradictions abound: We’re in big trouble. Asymp; 3 Comments. This post outlines some general observations I’ve experienced over the last handful of days. As such, it won’t be ordered in any particular way; just stuff that I toss out there to chew on. The venom heaped upon me was unbelievable. Then, someone posted this story. Has he had anything important to say about specific policies, like maybe how we’re all supposed to put food on our tables? Today...

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August | 2015 | dajeeps

https://dajeeps.wordpress.com/2015/08

The Incorrigible Market Monetarist. Showing steel by piling on. August 31, 2015. They say that imitation is the sincerest form of flattery. And while of course I could never really come close …. Continue reading →. A note to my critics. August 30, 2015. It’s really easy for latecomers to the movement to pass judgement on the content posted here on my blog. But …. Continue reading →. Fun with an anonymous Internet Austrian. August 30, 2015. Continue reading →. August 29, 2015. Continue reading →. Disclaim...

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New Fed statement: More of the same (tight money) [sense of humor required] | dajeeps

https://dajeeps.wordpress.com/2015/07/29/new-fed-statement-more-of-the-same-tight-money-sense-of-humor-required

The Incorrigible Market Monetarist. New Fed statement: More of the same (tight money) [sense of humor required]. Asymp; 1 Comment. If you really want to read the statement you can find it here. Aside from a tiny bit of word-smithing there’s nothing in it we didn’t already know. The only thing different about it is that the longer this talk of tightening (when they’ve already effectively tightened) with inflation heading down the hole goes on, the more absurd it becomes. It can’t be so hard to tell the tr...

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dajeeps | The Incorrigible Market Monetarist | Page 2

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The Incorrigible Market Monetarist. Lacker’s unwitting argument for removing regional presidents from the FOMC. October 5, 2016. There’s a write up in Reuters today that discusses regional Fed President Lacker’s point of view regarding the debate about …. Continue reading →. Correction: Yellen’s Term as Fed Chair. October 5, 2016. I am posting a correction to my post on August 26, 2016. Yellen’s term does not expire until 2018. I …. Continue reading →. September 27, 2016. Continue reading →. Quite a whil...

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Lessons from Switzerland | uneconomical

https://uneconomical.wordpress.com/2015/06/23/lessons-from-switzerland

Random comments on UK economics. UK GDP Data Sources. June 23, 2015. Which the Bank should have been doing anyway. That’s really a tortuously slow process. Policymakers like to think they maintain “credibility” by not making policy announcements which surprise the market. This makes sense to an extent, but it can go too far. To abuse a nautical metaphor, as is traditional, it’s sometimes too easy to imagine central bankers like the captain of the cruise liner who. British central bankers have announced f...

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Monetary Freedom

Musings on economics and politics, with a special interest in free banking and monetary disequilibrium. Sunday, February 4, 2018. What is the "Right" Corporate Income Tax? The recent tax bill signed by President Trump reduces the corporate income tax rate from 35% to 21%. This was a positive change, but really, just a step in the right direction. The corporate income tax rate should be zero. Why shouldn't this average worker solely pay the 15% on this $100 as he or she would pay on any other income?

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Foundation for Monetary Freedom

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Monetaryfreedom's Blog | Just another WordPress.com site

Just another WordPress.com site. Islamic Perspective of the Credit Crunch by Some Scholars. August 11, 2011. Some ‘Islamic’ scholar proposed that the credit crunch could have been avoided if only the banks had taken possession of the mortgage deeds before securitizing and selling the traunches to the investment community. At best this would have slowed the problem but the problem would arise eventually due to inherent flaws in the monetary and financial system. 8211; monetaryfreedom.wordpress.com. There ...

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