Monetary Policy

The 2004 Nobel Prize in economics was awarded to two economists for their claim that "technology shocks" cause boom-bust cycles. They have it wrong.

The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.

The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.

Bob and Jeff discuss the nauseating elevation of former Fed Chair Ben Bernanke to Nobel Prize winner.

Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 6th, 2022.

Hyperinflation? Yes, it can happen here, and the more officials deny hyperinflation is possible, the more they create the conditions that causes it.

Anyone who has taken a Keynesian-based macroeconomics course remembers the equation of exchange: MV = PY. This equation, however, is buried in fallacious economic thinking.

Toby Baxendale joins Bob to discuss the tools central banks and governments will use to enact "financial repression."

Standard neoclassical definitions of money call it a means of exchange and a store of value. But is this correct?

The US dollar is not the world's "reserve" currency because of responsibility on behalf of the monetary authorities. Instead, the dollar's "strength" wages from the USA's self-appointed role as the world's protector.