More Money, More Problems
Tom DiLorenzo appears on the Two Mikes podcast to discuss the Federal Reserve.
Tom DiLorenzo appears on the Two Mikes podcast to discuss the Federal Reserve.
In August, the money supply grew at the fastest rate in 23 months.
What if we could have eavesdropped on a conversation between Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen? It might have gone as follows....
Home prices continue to rise as the government tries to further intervene into the housing markets, all in the name of the “American Dream.” However, remember that these massive increases in housing prices began when the government decided to make housing more “affordable.”
As monetary authorities continue to inflate the money supply, they inflict more and more damage upon the currency. Unfortunately, as the economy falters under the inflationary regime, the “solution” always is to ramp up inflation.
Includes awarding the 2024 Mises Institute Peterson-Luddy Chair in Austrian Economics to Dr. Jeffrey Herbener.