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The gold trick

Now that the U.S. debt ceiling season is upon us again, I've been wondering if the U.S.'s official gold price is going to finally be...

David Andolfatto and Larry White have been having an interesting debate on the public finance case for having a large (or small) Federal R...

In a recent podcast with Robert Hall, Russ Roberts asks: "If the Fed was so aggressive, why didn't we have inflation? And does th...

"America's only unwanted, unhonoured coin." - John Willem on the silver trade dollar. The inspiration for this post comes fro...

The US$5000 banknote, destroyed in 1969 along with the $10,000, $1000, and $500 notes With the publication of his new book The Curse of Cash...

George Selgin had an interesting post describing how the Fed appears to be breaking the law by paying too much interest to reserve-holders....

I always like reading fund manager John Hussman because he writes very well, but I feel like he's dug himself into a bit of an intellec...

I last wrote about Fedwire data two years ago. Since then, Fedwire has entered into a (nominal) recession. Is this something we need to wor...