YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Federal Reserve
  • Bob Murphy teaches AU YAL about the Federal Reserve

    On November 1st, American University’s YAL chapter hosted libertarian economist Bob Murphy for a discussion about the Federal Reserve. About forty students attended. Murphy displayed evidence explaining that the Federal Reserve creates the boom and bust “business cycle” in our economy.  He used the example of the 2008 financial crisis to demonstrate how artificial demand …

  • Tour (Then End) the Fed!

    One thing that makes Salt Lake City an interesting place is its central location. Because of where it is located, it frequently becomes a hub for many large organizations. Adobe, Wells Fargo, Goldman Sachs, Ebay, and many other companies have offices here on the Wasatch Front. Another entity with an office is the US Federal …

  • New Year’s Resolution: Put down the scoop of easy money

    Since 1913, our monetary diets have been decided for us by the Board of Governors at the Federal Reserve. According to a recent Rasmussen poll, 74% of Americans want to take a closer look at our money habits and finally audit the Federal Reserve. The United States Senate confirmed Janet Yellen to head the Board …

  • Blood Standard: A Lesson on our Currency’s Real Value

    The idea of life in a pure free market freaks a lot of people out; especially those on the left. They believe that only the rich and selfish will win, and the result of an Atlas Shrugged society will be a corporate plutocracy. Drastic cuts to public service and assistance programs also scares many people, especially the …

  • It’s Simple To Spread the Liberty Message

    Fortune’s Stephen Gandel notes on Friday: Ron Paul, the famously libertarian politician and former presidential candidate, has his own choice for the next chair of the Federal Reserve, and it isn’t Summers or Yellen. Paul’s pick for the next Fed head: No one. When I read things like this it brings back the sweet memory …

  • Detroit Pensions’ at Risk

      Finding a supportive stance on an issue where we disagree can be difficult. Federal bailout plans, such as the ongoing quantitative easing program, are challenging to justify. However, the potential for something positive to come from this program has arrived! With the City of Detroit declaring bankruptcy, there is potential to justify some of …

  • Who should be in charge of money?

    I remember when my economics professor in college asked the class: “Is the President the most powerful man in America?” I didn’t respond. Someone else said: “Yes.” Because duh. The professor expected this. “No, actually. The correct answer is Ben Bernanke. He is the Chairman of the Federal Reserve. He is in charge of monetary …

  • Bitcoin entering the mainstream

    Bitcoin, the most widely used alternative currency around the world, is entering a new chapter in its development, one that is sure to propel it into mainstream US business and society. The first of a series of events that have highlighted this transition occurred earlier this week when Mt. Gox, the world’s largest Bitcoin currency …

  • The Near Future of the Dollar, Gold, and Silver

    Since 2001, the dollar has lost 81% of its value compared to gold. With the Federal Reserve now printing an average of $85 billion per month, the dollar is being watered down even further compared to the value of gold. As Moneyball author Michael Lewis wrote in his book Liar’s Poker, “If the United States …

  • Silver Circle Movie

    Last month, YAL at University of New Hampshire-Manchester had the opportunity to attend the first-ever theater screening of Silver Circle movie. Everyone seemed to be really excited about the movie and we were able to chat with Tom Woods and Michael Nystrom, founder of Daily Paul, who were also at the screening! First off, let me just …