The Fed

While the covid-19 pandemic brought sickness and death, another pandemic raged through Washington: abuse of executive power.

Jeff and Bob take a look at the misnamed "World Economic Forum" and its conference this past week in Davos.

As the economy begins to slow, the results of the Fed's money pumping are showing up in mergers and acquisitions.

Recorded in Orlando, Florida, on May 14, 2022.

After the 2008 housing bust, the government supposedly set up a fail-safe mortgage program aimed at preventing future bubbles. It failed.

Would you give up voting in exchange for no more taxes?

While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy.

Money velocity's role in forcing up prices is misunderstood because today's monetary "authorities" fail to consider how new money is injected into the economy.

Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates. Unfortunately, such moves carry their own forms of misallocation of resources and capital.

Last year, Joe Biden and his administration claimed that inflation was "transitory." This year, Vladimir Putin gets the blame. Next year, Biden will blame American businesses. And the beat goes on.