Fractional Reserve Banking, Present Discounted Value, and the Austrian Business Cycle Theory
Sponsored by Thomas and Lisa Dierl.
The Fed
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Central Bank Digital Currencies: The Last Battle in the War on Cash
Sponsored by Dan Johnson and Randee Laskewitz.
Correlations and the Definition of the Money Supply
Monetary authorities and monetary economists try to define money without understanding what money really is: a medium of exchange.
Thanks to the Combination of the Fed and IP, Snow White 2024 Is a Terrible Movie
Because Federal Reserve policies distort the economy and create perverse incentives, Disney also must deal with intellectual property issues. The combination of the two will ruin the Snow White story.
Bank CEOs Have Their Heads in the Clouds
No matter the situation, bank CEOs believe that the Big Score is just around the corner. Then reality hits.
Diving Deeper into the Fed’s Trillion Dollar Loss
Jonathan Newman rejoins Bob to explore more of the mechanics and political implications of the Fed's current state of insolvency.
The Central Bank Policy Interest Rate vs the Natural Rate
While central banks use administered interest rates in hopes of emulating the natural rate, these efforts are always going to fail. Without free markets, there is no natural rate.
How the Fed Undermines Prosperity
The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves.
How To Prevent the Boom-Bust Business Cycle
Fractional reserve banking allows the Federal Reserve to manipulate the money supply, leading to booms and busts. Central banking is not a defense against business cycles; it is a major cause of them.
