‘Bitcoin’ is an interesting example of the future of money. Bitcoin is a non-asset backed and non-state controlled money. With the Fed destroying the value of our money it comes as no surprise that we should start to see such experiments as these. I tend to be skeptical of such non-asset backed currencies, but it […]
Tag: monetary policy
Ron Paul Expected to head Monetary Policy Subcommittee
Good news for monetary policy geeks, Assuming Republican leaders don’t pull any special rules change, Ron Paul looks to be on his way to heading the House Subcommittee for Domestic Monetary Policy and Technology. Now hopefully we can get that audit of the FED. http://www.cnbc.com/id/40013227