Founded in 2009, the Sound Money Project conducts research and promotes awareness about monetary stability and financial privacy. It is a project of @AIER.
"In addition to increasing workers' real tax burden, raising the inflation target reduces workers' real wages by reducing the demand for thei ...
"During normal times, when inflation is low and stable, the floor system increases the burden on taxpayers. The burden is even larger when inflation is ...
"Interest rates on mortgages were 2.66 percent just two and a half years ago. Why the sudden increase in rates? The Federal Reserve increased the money ...
"If the Fed can really make such an elementary error and get away with it, a major prudential reason for keeping it around would no longer hold." ...
"There’s nothing wrong with making incorrect predictions. It happens to all of us. There is something wrong with obstinacy in the face of overwhelming ...
"While an increase in market power would certainly affect real income growth, the magnitude necessary to explain inflation is implausibly large." ...
"Congress is free to define 'price stability' however it wishes. If it wants a strict inflation target in all circumstances, that’s its right ...
"The bill that the US House passed by a voice vote would require the SEC to develop a test to determine whether someone is knowledgeable enough to forg ...
"US inflation was not always as persistently high as it has been under the Fed. Before the Fed, the purchasing power of the dollar was determined by su ...