Inflation

Bob Murphy and Ross McKitrick discuss the government policies, Fed actions, and banking movements that lead up to the 2008 crisis, and why the current economic situation is different. 

The Federal Reserve is raising interest rates in hopes of reversing some of the inflationary damage it has done for more than a decade. Unfortunately, the Fed already has done incalculable damage to the economy.

The specter of stagflation is with us again despite Keynesians' claims that a new bout of inflation will lower unemployment. What causes it?

Leonard offers a penetrating criticism of the Fed’s vast expansion of the money supply, but it falls short of a sound way to keep it in check.

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

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.