How Private Banks Can Create Money, But Not Like the Fed Can
Bob breaks down the mechanics behind how commercial banks create money out of thin air—and why that power fuels economic booms and busts.
Bob breaks down the mechanics behind how commercial banks create money out of thin air—and why that power fuels economic booms and busts.
Bob Murphy and Jonathan Newman offer a comprehensive Austrian response to Richard Werner’s claims on the Tucker Carlson Show about banks, money creation, and credit theory.
This week we cover the Fed's latest policy meeting, the awful new jobs report, and rising debt levels
Inflation isn’t a mystery. It’s a racket. Politicians spend. The Fed prints. You pay.
Dr. DiLorenzo has some words for Secretary Bessent about the true role of the Fed and its record in this open letter.
Dr. DiLorenzo has some words for Secretary Bessent about the true role of the Fed and its record in this open letter.
Trump wants rate cuts. Is Powell stalling for the dollar’s sake, or his own?
Bob provides a detailed, realistic plan for abolishing the Federal Reserve and returning to a stable, gold-backed monetary system.
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.
There are many reasons for disliking the Federal Reserve. However, many critics of the Fed attack the Fed for the wrong reasons.