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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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The Fed & Central Banks

Financial Markets, Money & Politics, The Fed & Central Banks

Near Zero Interest Rates

Walker Todd/March 7, 2012June 19, 2022 /26 Comments

I was recently interviewed for the New York Times article 0.2% Interest? You Bet We’ll Complain. Fed board governor Sarah Bloom Raskin said in prepared remarks: [M]any households are benefiting from the low level of interest rates […] [H]ouseholds have been able to refinance their mortgages into…

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Economic History, The Fed & Central Banks

"Why Was the Fed Created?"

George Selgin/March 3, 2012June 19, 2022 /13 Comments

Was the subject assigned to me for my "Tea Lecture" to congressional staffers last week. The lecture is one of a series being sponsored by Ron Paul's office. The true story of the Fed's origins needs to be more widely known, so please do pass it on!

Events, The Fed & Central Banks

L-Street: The Movie

George Selgin/February 18, 2012June 19, 2022 /8 Comments

For those who prefer a brief summary, or just like watching stuff on their computer, here is the video of my November Cato Monetary Conference presentation.

Economic Thought, Free Banking, Money & Politics, The Fed & Central Banks

The Other Bagehot

George Selgin/February 9, 2012June 19, 2022 /18 Comments

Free bankers like to claim Walter Bagehot, the British essayist and former (and most famous) editor-in-chief of The Economist, as one of their own. And they well ought to, for there can be no disputing the fact that Lombard Street, Bagehot's celebrated "description of the [London] money…

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Money & Politics, The Fed & Central Banks

The New York Times versus Ron Paul

George Selgin/December 28, 2011June 19, 2022 /13 Comments

December 28, 2011 Editor The New York Times Sir, As you claim that Ron Paul’s belief that the Federal Reserve should be abolished disqualifies him for the presidency (“Mr. Paul’s Discredited Campaign,” December 27), and thereby appear to be convinced that no alternative to the Fed could…

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Recent Posts

  • The Menace of Fiscal Inflation
  • Monetary Progress
  • Paul Krugman and the "Ersatz" Theory of Private Currencies
  • The New Deal and Recovery, Part 18: The Recovery So Far
  • Should the Fed Devalue Our Currency to Implement Negative Interest Rates?
  • Populism and the Future of the Fed: A New Book from Cato’s Center for Monetary and Financial Alternatives
  • Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals (CMFA Working Paper No.007)

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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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