Why Rothbard Thought the Fed Eliminated Market Safeguards Against Bank Inflation
Rothbard argued that the Fed stripped away the natural checks of free banking, paving the way for endless credit expansion and inflationary cycles.
Rothbard argued that the Fed stripped away the natural checks of free banking, paving the way for endless credit expansion and inflationary cycles.
Bob breaks down the mechanics behind how commercial banks create money out of thin air—and why that power fuels economic booms and busts.
On this episode of Power and Market, the group looks at the continued attacks on Powell, how the media wants to blame everything on tariffs, and why Federal employees don't deserve nice things.
En este episodio de Poder y Mercado, la mesa redonda responde a la victoria de Zohran Mamdani en las primarias de Nueva York, los crecientes ataques de MAGA a la Fed y el alto el fuego en Oriente Medio.
This week we cover the Fed's latest policy meeting, the awful new jobs report, and rising debt levels
Assistant editor Joshua Mawhorter joins Tho Bishop and Connor O’Keeffe on the Power and Market Podcast. The three discuss Trump’s acquisition of a stake in Intel, consider how monetary policy contributes to a lot of the national health problems MAHA is focused on, and react to Jerome Powell’s Jackson Hole speech.
On this episode of Power and Market, the roundtable talks about a new brewing scandal involving the Fed, revisits the conversation on nationalizing Washington, DC, and the new "golden age" of the Smithsonian.
Los monetaristas y economistas de expectativas racionales creen que si la política monetaria es transparente, los aumentos en la oferta monetaria no tendrán efectos negativos. Los resultados reales dicen lo contrario, ya que la introducción de dinero en la economía conduce a la inestabilidad.
Alex Pollock, an expert on Federal Reserve policy, joins us to talk about how the Fed has backed itself into a very bad financial corner, and there is no painless way out.
Let's look at some of the reasons why President Trump and his supporters are so obsessed with demanding that the Federal Reserve force down interest rates even further.