Inflation

Adherents of MMT present their ideas in the form of a hydra. Shoot down one idea and another pops up that is just as preposterous. This is no accident.

The legacy of covid-19 ultimately will be the vast expansion of government on many levels. Not surprisingly, the statism is worse than the virus itself.

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

Bob Murphy talks inflation and why suddenly everyone is an expert, and then why Jim Rogers says buy a motorcycle and see the world: It's a great way to get an education. Jeff and Peyton Gouzien discuss big questions like liberalism and illiberalism in the twentieth century and David Gordon reviews The Lords of Easy Money, a thoroughgoing critique of the subversive power of the Fed.

Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.

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

Ireland has been "experimenting" with MMT and price controls. The results are predictable.

The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.

Tho Bishop and JP Cortez discuss the ongoing legislative battles over money at the state level.

Everything from huge Keynesian "stimulus" policies to the war in Ukraine is dovetailing in a bout of stagflation: the simultaneous growth of inflation and unemployment.