CATO’S 32ND ANNUAL MONETARY CONFERENCE will bring together leading scholars and advocates for fundamental monetary reform to discuss:

• The bitcoin revolution and future of crypto-currencies
• How technology will drive further innovations so that private currencies become a reality
• The role of gold in a decentralized monetary regime
• The steps necessary to return to constitutional money based on the convertibility principle and free banking

When the Federal Reserve was created in 1913, its powers were limited and the United States was still on the gold standard. Today the Fed has virtually unlimited power and the dollar has no backing. Limited, constitutional government requires a rules based, free-market monetary system with a stable-valued dollar, not the topsy-turvy fiat dollar that now exists under central banking. This conference will examine the case for sound money and the reforms needed to realize it

Please join our distinguished speakers on Thursday, November 6 to discuss these and related issues.

Featured Speakers

• James Grant
  Founder and Editor, Grant’s Interest Rate Observer
• Axel Leijonhufvud
  Professor of Economics (Emeritus), UCLA
• Patrick Byrne
  CEO and Chairman, Overstock.com
• Jerry L. Jordan
  Former President, Federal Reserve Bank of Cleveland
• Judy Shelton
  Co-Director, Sound Money Project, Atlas Network
• John Allison
  President and CEO, Cato Institute, and retired Chairman and CEO, BB&T

Conference Schedule

8:30 – 9:00 a.m.	REGISTRATION
9:00 – 9:05 a.m.	WELCOMING REMARKSJames A. Dorn Vice President for Monetary Studies, Cato Institute
9:05 – 9:45 a.m.	KEYNOTE ADDRESSJames Grant Founder and Editor, Grant’s Interest Rate Observer
9:45 – 11:00 a.m.	PANEL 1: THE BITCOIN REVOLUTIONModerator: Jim Harper Senior Fellow, Cato Institute, and Global Policy Counsel, Bitcoin Foundation Kevin Dowd Professor of Finance and Economics, Durham University Lawrence H. White Professor of Economics, George Mason University Bennett T. McCallum Professor of Economics, Carnegie Mellon University
11:00 – 11:15 a.m.	BREAK
11:15 a.m. – 12:30 p.m.	PANEL 2: CHANGING THE MONETARY REGIME: CONSTITUTIONAL AND REGULATORY ISSUESModerator: Mark Calabria Director of Financial Regulation, Cato Institute John A. Allison President and CEO, Cato Institute, and retired Chairman and CEO, BB&T Edwin Vieira Jr. Author, Pieces of Eight Walker F. Todd Grantee, Institute for New Economic Thinking
12:30 – 1:15 p.m.	LUNCHEON
1:15 – 2:00 p.m.	LUNCHEON ADDRESS: MONETARY MUDDLESAxel Leijonhufvud Professor of Economics (Emeritus), UCLA
2:00 – 3:15 p.m.	PANEL 3: THE ROLE OF GOLD IN A MARKET-BASED MONETARY SYSTEMModerator: George Melloan Former Deputy Editor, Wall Street Journal Jerry L. Jordan Former President, Federal Reserve Bank of Cleveland George A. Selgin Senior Fellow, Cato Institute Nathan Lewis Author, Gold: The Monetary Polaris
3:15 – 3:30 p.m.	BREAK
3:30 – 4:30 p.m.	PANEL 4: THE PATH TO FUNDAMENTAL REFORMModerator: Bob Gelfond CEO and Founder, MQS Management Gerald P. O’Driscoll Jr. Senior Fellow, Cato Institute Judy Shelton Co-Director, Sound Money Project, Atlas Network Norbert Michel Research Fellow in Financial Regulations, The Heritage Foundation
4:30 – 5:15 p.m.	CLOSING ADDRESSPatrick M. Byrne CEO and Chairman, Overstock.com
5:15 – 6:15 p.m.	RECEPTION: SPONSORED BY OVERSTOCK.COM