Central Banking and Inflation
Some problems with inflation measures, inequality and social mobility, and further implications.
Some problems with inflation measures, inequality and social mobility, and further implications.
By corrupting the meaning of inflation, mainstream economists have given a false picture of what happens when monetary authorities expand the money supply. Mises and Rothbard understood.
Government statistics on inflation in the food sector have failed to account for skimpflation and shrinkflation.
The fiat US dollar is being imperiled by reckless actions by monetary authorities.
Dr. Jonathan Newman joins Tho to discuss the larger costs of Fed policy and how official government measures can be gamed with techniques such as "shrinkflation."
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.
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.
Ideologues seldom give way to the facts.
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.