Conference on a Stable Dollar: Why We Need It and How to Achieve It

Wednesday, October 5 – Thursday, October 6, 2011
Arlington, Virginia

On October 5th and 6th 2011, distinguished speakers and guests discussed the meaning, purpose, and ways of achieving a stable U.S. currency at The Heritage Foundation Conference on a Stable Dollar. American leaders have long emphasized the importance of a strong dollar and a stable dollar. But today, rising levels of federal debt, the lingering effects of economic recession in the United States and internationally, plus the recent, dramatic policies of the Federal Reserve combine to heighten concerns over the future of the dollar. Experts across the nation are becoming increasingly concerned about the possibility of rising inflation and a falling dollar. Others are less worried about the level of the dollar than they are about the volatility of the dollar exchange rate against other major currencies. Please view our distinguished speakers’ important contributions to these and other issues related to a stable dollar. For further consideration, see the recommended readings, listed underneath each authors’ title.

~AGENDA~

WEDNESDAY, OCTOBER 5, 2011

Session I:
What is a Stable Dollar?
What are the National and International Consequences?
Why Does America Need It?

Moderator:
Stuart Varney
Host, Varney & Co., FOX Business and Business Contributor, FOX News Channel

Brian Domitrovic, Ph.D.
Chairman, Department of History, Sam Houston State University
Econoclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity

Lawrence Lindsey, Ph.D.
President and Chief Executive Officer, The Lindsey Group
What a President Should Know . . . but Most Learn Too Late

David Malpass
President, Encima Global LLC
The Weak-Dollar Threat to Prosperity

Reception

Dinner

Master of Ceremonies:
Edwin J. Feulner, Ph.D.
President, The Heritage Foundation

Address:
Lewis E. Lehrman
Chairman, The Lehrman Institute and Former Trustee, The Heritage Foundation
The True Gold Standard – A Monetary Reform Plan without Official Reserve Currencies How We Get from Here to There

Registration and Continental Breakfast

Session II: Achieving a Stable Dollar
By What Means Should America Achieve It?

Moderator:
Jon Hilsenrath
Chief Economic Correspondent, The Wall Street Journal

Steve Hanke, Ph.D.
Applied Economics Professor, The Johns Hopkins University
The Weak Dollar Problem

Jerry Jordan
President, Pacific Academy for Advanced Studies and former President, Federal Reserve Bank of Cleveland
Governments and Money

Nathan Lewis
Principal, Kiku Capital Management LLC
Gold: the Once and Future Money

Session III:
Congressional Changes
What Changes Should Congress Make in the Institutional Arrangements for Formulating and Implementing U.S. Monetary Policy and Achieving a Stable Dollar?

Moderator:
James Grant
Editor, Grant’s Interest Rate Observer

Jeffrey Bell, Policy Director, American Principles Project delivered remarks for John Mueller, Fellow, Ethics and Public Policy Center and President LBMC, LLC
The Chaos Congress Caused by Ending and How it will Restore the Gold Standard

Judy Shelton, Ph.D.
Senior Fellow, Atlas Economic Research Foundation
A Guide to Sound Money

Lawrence H. White Ph.D.
Economics Professor, George Mason University
Competition and Currency: Essays on Free Banking and Money

Luncheon

Master of Ceremonies:
Edwin J. Feulner, Ph.D.
President, The Heritage Foundation

Introduction of Speaker:
The Honorable J. William Middendorf, II
Chairman, Middendorf and Company and Trustee, The Heritage Foundation

Address:
Steve Forbes
Chairman and Chief Executive Officer, Forbes Media and Trustee, The Heritage Foundation
Weak Dollar = Weak Recovery