Wednesday, April 12, 2017

Jack Kemp Foundation Event - Forum on Exchange Rates and the Dollar

Dr. Warren Coats alerted me by email that he will be participating in a forum held by the Jack Kemp Foundation in Wasington D.C. on April 20th. The forum is on Exchange Rates and the US Dollar. This should be a very interesting discussion with Dr. Coats presenting a paper on his ideas for a role for the SDR. Dr. Judy Shelton will also be featured at this event and she may talk some about a role for gold. I feel sure she will be in favor of a stable currency environment as is Dr. Coats. 


Below is the text of the email from Dr. Coats about this event and a graphic providing more details on it that he included in the email. I'm looking forward to hearing more about this discussion by this distinguished panel. Hopefully, The Kemp Foundation will video the forum and provide a public link to it afterwards.


Update note 4-12-17 (afternoon): I have heard from Dr. Coats that he will provide a copy of the paper he will present at the forum so at the very least we will be able to feature that here even if no public video is available from the forum.


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Dear friends,

If you have time during the busy Spring Meetings at the IMF/WB, I hope you will join me at the National Press club for what I am sure will be an interesting series of discussions of the international monetary system, including my own discussion of the role of the SDR (see the link below). If you are interested, but unable to attend I would be happy to send you the paper I will present (once I have written it). 

Best wishes,

Warren




Co-chairs
Mr. James Kemp, President, Jack Kemp Foundation
&
Dr. Steve Hanke, Professor, Johns Hopkins University 
invite you to



A Kemp Forum on Exchange Rates
and the Dollar



featuring

Dr. Warren Coats, IMF Economist, retired
Dr. Brian Domitrovic, Professor, Sam Houston State University
Mr. John Mueller, Fellow, Ethics and Public Policy Center
Dr. Judy Shelton, Senior Fellow, Atlas Network
Dr. Benn Steil, Senior Fellow, Council on Foreign Relations
Dr. Songzuo Xiang, Chief Economist, Agricultural Bank of China


Video Participants

Hon. James Baker, former Secretary, U.S. Treasury
Mr. Lewis Lehrman, Chairman, The Lehrman Institute
Speaker Paul Ryan, U.S. House of Representatives
Hon. Paul Volcker, former Chairman, U.S. Federal Reserve

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April 20, 2017

Conference
10:30 am - 4:00 pm
Reception to follow
4:00 pm - 5:00 pm

National Press Club
Washington, DC

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For more information and to register,
please click here:





During the last decade, the world has been wracked by large exchange rate swings between the U.S. dollar and the euro, the two largest world currencies. China is now considering breaking its currency link to the dollar and devaluing. This exchange rate instability is bad for business, creating asset bubbles, unstable capital flows, price swings, and general uncertainty that weakens trade and undermines economic growth.

The conference’s purpose, ahead of the IMF spring meeting, is to focus national and international attention on the need for a more coordinated and stable exchange rate regime among the Big Three currencies.

Our model is the series of summits in the 1980s sponsored by the late-Congressman Jack Kemp, economist Robert Mundell, and Sen. Bill Bradley, which helped pave the way for the Plaza Accord.


Sponsorships available, please contact Sean Rushton at
srushton@jackkempfoundation.org



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The Jack Kemp Foundation is a nonprofit, tax-exempt entity organized under section 501(c)(3) of the Internal Revenue Code (IRC).  The Jack Kemp Foundation engages only in educational activities and does not engage in any lobbying or political activity as those terms are defined by the IRC. Contributions to the Jack Kemp Foundation are deductible to the donor to the extent allowed by law.  

Copyright © 2017 Jack Kemp Foundation, All rights reserved.

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