The Fed

Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair. 

The emergence of global money is going to be the greatest attack on national sovereignty and political self-determination that we have ever seen.

Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair. 

Scott Sumner explains why interest rates and even monetary aggregates are not good indicators of the stance of monetary policy, whereas NGDP growth is much better.

Jeff Deist and David Gornoski talk about what the average person can do to protect themselves from government interference in the market.

Since the corona panic, the Fed has bought a ton of government bonds, but it's also started buying corporate bonds, has abolished reserve requirements, redefined their M1 measure, and switched to average inflation targeting.

Bob continues his 3-part series explaining areas where his views have changed. In this episode, he covers government debt, the Fed being a private corporation, whether nice guys finish last, and mainstream utility theory.

Kennedy and his new brand of economists conducted a relentless campaign for easy money right from inauguration day.

Bob Murphy joins the show to discuss Rothbard's superb and eminently readable money book for lay readers.

Just as kings debased coins to help pay for their wars, the Fed used inflation to help pay for US participation in World War I. It did so by creating and issuing dollars in return for government debt.