CounterStrikeMedia
  • Home
    • American Foreign Policy
    • Emerging Threat Assessment
    • Foreign Policy Challenges for 2020
    • FINAL BATTLE: FAITH, REASON & MILITANCY
    • The World's Most Pressing Foreign Policy Challenge
    • Geography, Strategy, Great Power Competition
    • Monetarism, SANCTIONS & TERROR FINANCING
    • Congressional Reform
    • Demography
    • Pentagon Acquisition Reform
    • Quadrennial Defense Review Posture
    • Post Bretton-Woods: Monetary & Exchange Rate Reform
    • Thought Leadership: International Political Economy, Foreign Affairs
  • Regional Policies
    • Monetary Regimes, Exchange Rates, Capital - Current Accounts, Crisis
    • Fiscal Policy
    • Macro Trends
    • China
    • Mexico/Central/South America
    • Israel
    • Iran
    • Iraq
    • Russia
    • India
    • Syria
    • Chechnya
    • Pakistan
    • Africa
    • North Korea
  • Media
    • TED Video & Talks
    • Radio
    • Television
    • Newspapers
    • Book Reviews
  • About
    • CAFE HAYEK
    • The Most Pressing Challenge Facing America
    • The Revolution in Military Affairs
  • U.S. Central Command CENTCOM: The Long War
  • State of the Nation
  • SOUNDCLOUD
  • International Relations Jobs: Global Ranking Think Tanks
  • Tribute: Fouad Ajami & Bernard Lewis
  • Women & International Affairs
  • William Holland Blog
  • Podcasts
  • Contact
    • Topical Newsletter
  • OIL - ENERGY MARKETS

post bretton-woods monetary, exchange rate reform  
MORE HAYEK, LESS KEYNES

Restoring stability to post bretton woods era

9/26/2015

0 Comments

 
Picture
The Hill Dr. Judy Sheldon on "Restoring Stability to World's Monetary System" 
http://thehill.com/blogs/pundits-blog/finance/251248-time-to-restore-sanity-to-the-worlds-monetary-system
​


0 Comments

Social Mobility, autocracies & fixed economies:  gold, fixed exchange rates & collapse of empires.

9/26/2015

0 Comments

 
Picture
Societies that cannot accommodate change, social mobility or technological revolutions are subject to breakdown and collapse when relations are expedited out from fixed exchange rate regimes. 

As Marshall McLuhan, Arnold Toynbee, Peter Drucker and writers like Allan Meltzer, Anna Schwartz and Milton Friedman implicitly understood, the currency of a regime embodies the social relations of a particular social - political economy.  Fixed exchange rate regimes cannot accommodate rapid change brought on by technological change or revolution.  They suffer collapse.

​Piera U.K. on "Currency Wars & Collapse of Empires" http://www.pieria.co.uk/articles/currency_wars_and_the_fall_of_empires

0 Comments

Anna Schwartz parthian shot:  currency intervention has no effect.

9/26/2015

0 Comments

 
Before she died in 2012 at the age of 97, Milton Friedman's protege Dr. Anna Schwartz studied the effect of monetary intervention in currency markets.  Her findings are astonishing:  the Central Banks most coveted means of security is a failure, namely intervening in foreign currency markets to secure price stability.  

Dr. John Taylor of Stanford University posted a review of the Plaza Accord, a massive scheme to devalue the greenback for Yen & Deutschmark parity.  The Reagan revolution was devastating to foreign monetary economies, especially when currency regimes were only beginning to float out of fixed/pegged exchange rate regimes.  Massive capital inflows had structurally altered the dollar that it negatively effected the capacity for foreign central banks in the management of their capital, current accounts.  The solution:  have Treasury Secretary James Baker find a way to fire U.S. Federal Reserve Chair Paul Volcker, his independence threatened White House political plans.

​Both the Plaza Accord & Louvre Accord failed in their chief objective:  rescue foreign currencies from appreciation.  

John Taylor's Blog essay on both accords http://economicsone.com/2015/09/24/lessons-learned-on-the-30th-anniversary-of-the-plaza-accord/

​
Dr. Anna Schwartz last book before her death, on the ineffectiveness of Central Bank ability to manipulate parity through intervention in foreign exchange markets http://www.press.uchicago.edu/ucp/books/book/chicago/S/bo19198074.html 
​
NY Times Obituary Dr. Anna Schwartz http://www.nytimes.com/2012/06/22/business/anna-schwartz-economist-who-worked-with-friedman-dies-at-96.html?_r=0

0 Comments

beginners guide to first principles of international finance & inherent problems of bretton-woods

9/14/2015

0 Comments

 
Picture
Dr. Judy Shelton Director of The Sound Money Project at The Atlas Network article detailing the broken Bretton-Woods framework, the I.M.F. and restoring intrinsic value to money. 

The Hill published by U.S. Congress http://thehill.com/blogs/pundits-blog/finance/251248-time-to-restore-sanity-to-the-worlds-monetary-system 



The Sound Money Project http://soundmoneyproject.org    
The Atlas Network https://atlasnetwork.org  
The Sound Money Project takes on The Federal Reserve at Jackson Hole Wyoming Retreat
http://soundmoneyproject.org/2015/09/the-sound-money-project-takes-on-fed-at-jackson-hole-summit/




0 Comments

volcker:  Post bretton-woods & the scandal at the heart of discretionary ideology

9/13/2015

0 Comments

 
Picture
Paul Volcker WSJ w/ NY Sun Seth Lipsky
File Size: 227 kb
File Type: pdf
Download File

0 Comments

ideological planks emerging in post bretton-woods framework

9/13/2015

0 Comments

 
Picture
When Nixon severed the link between specie and the U.S. Dollar, he effectively removed any intrinsic link between productivity & value.  The United States has NOT produced growth since the demise of the Bretton-Woods monetary framework, an international agreement that solidified the U.S. Dollar as the repository of a fixed exchange rate regime between trading nation states, dethroning Keynes' barbarous relic'.  

Instead of growth as an expression of U.S. aggregate demand driven GDP, our entire political economy has been driven by government procured credit cycles.  That's right, our so called 'growth' remains completely divorced from productivity or output.  We must return to the Founders vision of America, where individual citizens acquire capital, equity formation.  

Dr. Judy Shelton of The Atlas Network has written an outstanding article on the numerous political fronts emerging in Congress to restore the U.S. Dollar to preeminence. 
NY Sun & Gold Backed Dollar by Judy Shelton from 'The Atlas Foundation'
File Size: 145 kb
File Type: pdf
Download File

0 Comments
    Picture
    THE FUTURE OF THE US DOLLAR
    File Size: 160 kb
    File Type: pdf
    Download File


    THE FED & GOLD
    File Size: 100 kb
    File Type: pdf
    Download File

    Picture
    THE FED'S PROFESSOR STANDARD
    File Size: 100 kb
    File Type: pdf
    Download File



    Picture
    DON'T MAKE USA LIKE ENGLAND
    File Size: 302 kb
    File Type: pdf
    Download File


    Picture
    TRADE WARS & DEPRECIATION
    TRADE WARS & MONETARY REFORM
    File Size: 702 kb
    File Type: pdf
    Download File


    Picture
    THE INTERNATIONAL ECONOMY MAGAZINE

    Picture

    TRADE DEFICITS FIXED BY MONETARY POLICY
    File Size: 472 kb
    File Type: pdf
    Download File


    DE-INDUSTRIALIZATION IN AMERICA
    File Size: 191 kb
    File Type: pdf
    Download File


    How Think About U.S. Trade Deficit
    File Size: 2614 kb
    File Type: pdf
    Download File


    WHY TRADE IMBALANCES BENEFIT USA
    File Size: 2737 kb
    File Type: pdf
    Download File



    Picture

    Picture
    BRETTON WOODS PROBLEM DEFINED

    Picture
    POLICY CONTORTIONS: BRETTON-WOODS

    Picture

    Picture

    Picture
    INTERNATIONAL ECONOMICS

    Picture
    SHADOW STATS

    Picture
    SHADOW OPEN MARKET COMMITTEE

    Picture
    OF TWO MINDS: CHARLES HUGH SMITH BLOG

    Picture

    Picture

    Picture

    Picture
    HOOVER: MILTON FRIEDMAN PAPERS

    Picture
    INTERNATIONAL CENTER MONEY & BANKING

    Trump's Real Trade Problem Is Moneywsj.pdf
    File Size: 333 kb
    File Type: pdf
    Download File


    America Needs Strategic FEDwsj.pdf
    File Size: 303 kb
    File Type: pdf
    Download File


    Currency Manipulation, Bretton Woods Problem_wsj.pdf
    File Size: 238 kb
    File Type: pdf
    Download File


    The Federal Reserve Needs New Thinking wsj pdf
    File Size: 211 kb
    File Type: pdf
    Download File


    What Uber Can Teach the Fed wsj pdf
    File Size: 150 kb
    File Type: pdf
    Download File


    Tweets by WilliamHolland

    Archives

    April 2020
    February 2020
    November 2019
    August 2019
    July 2019
    May 2019
    April 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    July 2018
    April 2018
    March 2018
    February 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    September 2015


    Categories

    All


    RSS Feed


What Our Clients Are Saying

"For topical research on items related to international political economy, unrivaled."

Contact Us

    Subscribe Today!

Submit