Monetary Education

In-depth articles on Federal Reserve policy, monetary history, and the economics of sound money. All content linked to primary sources.

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productivity-wagesJan 14, 2024

The Great Decoupling: How Productivity and Wages Diverged After 1971

In 1971, President Nixon ended the gold standard. Since then, productivity has soared while real wages have stagnated. This article explores the data and the connection to monetary policy.

Sources:

Economic Policy Institute Federal Reserve Economic Data

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monetary-historyJan 9, 2024

The Creation of the Federal Reserve: Jekyll Island and the Banking Cartel

In 1910, a group of bankers met in secret on Jekyll Island, Georgia. Their plan would fundamentally transform the American financial system.

Sources:

G. Edward Griffin Library of Congress