Monetary Reform
On BBC, Alan Greenspan predicts exits from the euro are inevitable.
At Bloomberg, David Weigel covers Rand Paul’s Audit the Fed rally in Iowa.
Paul linked the Fed’s policies to economic inequality and the decline of the dollar. “Once upon a time they said your dollar is good as gold,” said Paul. “Then for many decades, they said your dollar was backed by the full faith and credit of government. You know what it’s backed by now? Used car loans, bad home loans, distressed assets and derivatives.
The NY Sun believes the Fed is starting to worry about Senator Rand Paul’s bill.
From TGSN, Ralph Benko presents part 1 of his interview with Lewis Lehrman.
From Forbes.com, Ralph Benko discusses Jim Grant’s new book The Forgotten Depression.