The Fed

While the faux debt ceiling drama rages in Washington, DC, governments worldwide are defaulting on their debt via inflation.

The Mises Institute's Executive Editor Ryan McMaken joins Bob to discuss his latest article, in which Ryan spells out the state of the M2 money supply and possible implications for consumer prices and an impending recession.

Rental prices are falling as the markets adjust to new realities. The Austrian business cycle theory explains why this is happening.

The latest rage in macroceonomics is modern monetary theory, whose adherents invariably resort to the motte-and-bailey fallacy. Advocating inflation is never a good idea.

Our political and cultural elites have gaslighted us on inflation for years. To learn the truth, read the Austrians.

Patrick Newman joins Bob to discuss a recent tweet from Stephanie Kelton, which argued that the government's "red ink makes our black ink possible."

Ryan and Robert Aro take a look at the Fed's unconvincing explanation of why it has chickened out on interest rate hikes

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.

The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal.

As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.