The right way to tackle the problem of inequality is to end inflationary monetary policies. A fortune made through production is a fortune made by serving others. But a fortune made from inflation is a fortune made at the expense of others.
Mark reports on Pimco's former financial guru Mohamed El-Erian's new views on the Federal Reserve.
While the White House claims that inflation is losing steam, the truth is that unless the government changes its reckless monetary course, hyperinflation could be in our economic future.
Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.
Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023.
The US economy has deteriorated into little more than a series of asset bubbles driven by the inflationary policies of the central bank.
Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023.
The leviathan US state would not be possible without the Fed underwriting its growth. But the Fed is not all-powerful, nor can it continue to exist by only creating chaos.
Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023. Includes audience question and answer period.
The Federal Reserve is losing money, according to its official books. Does that matter, or does the Fed operate outside the bounds of the laws of economics?
