The Fed

Bob critiques MMT godfather Warren Mosler's recent interview where he argued that the Fed rate hikes have been fueling the strong economy.

The American people have the great pleasure of electing either Joe Biden or Donald Trump as president this year.

For this week’s episode, I wanted to find something familiar in the form of a “saying” to try and convey my thoughts about the economy as it stands

Economics textbooks describe monetary policy as though it were administered by experts who know how to fix problems in the economy. In truth, there is no such thing as “monetary policy”; what we have is the Federal Reserve engaging in wealth transfers.

The position of new home buyers in 2024 is unprecedented. Not only are prices at record highs, but the new generation of prospective home buyers can’t remember a time without cheap mortgages.

A state without money or a state that must tax its citizens to raise money for its wars is necessarily limited in its imperial ambitions. Keep in mind that this is only a problem for the state.

Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.

We have a unique opening to strike at the root of the most pressing issue facing Americans: the forces making us poorer and stealing away our future.

Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They never learn.

Do we have a market situation primed for everyone to head for the exits? What would ignite such a problem?