Monetary Theory

On the show Robert Blumen discusses

If the economy improves, the banking sector will increasingly loan out its reserves and bring inflationary pressure to prices. If the economy does not
    improve, the Fed will not be able to unload the low-quality assets on its balance sheet, and thus the inflationary pressures will remain. The so-called
    win-win solution to the crisis has become a lose-lose scenario.

If sanctity of contracts should rule in the world of private debt, shouldn’t they be equally as sacrosanct in public debt? The answer is no.

Milton Friedman and all monetarists after him claimed that the Gold Standard had a fatal flow.

Some experts are of the opinion that in the “new world,” because of Fed policies, there is little room left for the money supply to help explain the state of the economy.

What has the profession learned about the financial cycle and macroeconomics?

A very good discussion on why money matters: “Fed’s policies expose mainstream fallacies” Dr Frank Shostak, at:

The argument over gold is a replay of the arguments of Adam Smith against the arguments of the mercantilists.

Robert Higgs's concept of <em>regime uncertainty</em> has caught on with businessmen and the press.

A careful review of Mises's  arguments and of this theory would convince many reasonable people that Mises's framework is correct.