Douglas French is a Senior Editor for Agora Financial. He received his master's degree under the direction of Murray N. Rothbard at the University of Nevada, Las Vegas, after many years in the business of banking. He is the author of two books, Early Speculative Bubbles & Increases in the Money Supply, the first major empirical study of the relationship between early bubbles and the money supply, and Walk Away, a monograph assessing the philosophy and morality of strategic default. He is founder and editor of LibertyWatch magazine.

Posts byDoug French

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Regulatory Outrage

Just when you think government couldn’t be more outrageous, you read a story like the one in The New York Times last weekend about Edward Young, who was put away for 15 years. His crime was possessing seven shotgun shells. Not a gun, mind you, just the ammo. When William Killian, the United States attorney, …

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So Where’s the Hyperinflation Already?

The Federal Reserve has grown the monetary base from $827 billion to $3.1 trillion in five years. At the same time banks have stuck $2 trillion more than required in reserves at the Fed. This money lays around fallow, earning just 25 basis points from the central bank. A blossoming to its full potential would …

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Don’t Be a Casualty of War

Jim Rickards lit up the Agora Financial Investment Symposium in Vancouver telling the crowd the price of gold will soar north of $7,000 per ounce in an inevitable global currency reset, the fourth reset since the founding of the Federal Reserve. The first was in 1914, the second in 1939, and the third in 1971. …

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Living Without Boom and Bust

The stock market hovers around all-time highs, and right on cue, individual investors are starting to get back into stocks. They are tired of earning nothing in money market funds or bank CDs. Ben Bernanke’s zero rate siren song has enticed reticent investors ashore all in the name of stimulating the economy and putting people …

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America’s Globalized Racism

The race issue in America never seems to go away. We were reminded again last week when celebrity Southern chef Paula Deen was raked over the coals for using a racial epithet sometime in her past. Her tearful plea for those of us without sin to “cast the first stone” may have resonated with average …

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The Republican Socialists

The collective fondness for presidents grows after they leave office for a simple reason. The next occupant of the office is always worse. For instance, George W. Bush’s approval rating is now 49% versus 46% who view him negatively. Absence has certainly made some hearts grow fonder from the post-Katrina, 2008 Wall Street bailout days. …

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