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The Fed Wanted Inflation, Now They Have No Idea What to Do

Radio Rothbard

Tags The FedMonetary Policy

04/14/2022Ryan McMakenTho Bishop

In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop take a look back at previous statements by current members of the Fed. For years, the Fed said the biggest problem was a lack of inflation. Now, with inflation at historic heights, is there any reason to believe the Federal Reserve is prepared for what to do next?

Recommended Reading

"The Fed Who Cried Growth" by Jonathan Newman: 

"We Still Haven't Reached the Inflation Finale" by Brendan Brown:

"Real Wages Fall Again as Inflation Surges and the Fed Plays the Blame Game" by Ryan McMaken:

"Do Inflationary Expectations Cause Inflation? Contra Krugman, the Answer Is No" by Frank Shostak:

"The Fed Can't Fix the Economy, but It Can Break It" by Jon Wolfenbarger:

"Kashkari Said What?" by Robert Aro:

Understanding Money Mechanics by Robert P. Murphy:

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Note: The views expressed on are not necessarily those of the Mises Institute.

Contact Ryan McMaken

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Contact Tho Bishop

Tho is an assistant editor for the Mises Wire, and can assist with questions from the press. Prior to working for the Mises Institute, he served as Deputy Communications Director for the House Financial Services Committee. His articles have been featured in The Federalist, the Daily Caller, and Business Insider.