The Federal Home Loan Bank (FHLB) is the latest "weapon" in the government's so-called arsenal to keep the banking system afloat. But the system needs much more than just "liquidity." It needs sound money and sound banking practices.
Ryan McMaken joins to discuss both the damage done to the economy by runaway government spending, as well as how Federal Reserve policy has incentivized consumption and punished savings, which has resulted in record-high credit card debt.
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.
Wesley Schlemmer joins Good Money to discuss how Bitcoin Bay is helping Tampa residents convert Bitcoin into real goods and services, including locally raised beef.
With growth now falling near or below negative 10 percent for the second month in a row, money-supply contraction is the largest we've seen since the Great Depression.
Patrick Newman joins Bob to discuss a recent tweet from Stephanie Kelton, which argued that the government's "red ink makes our black ink possible."
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.
The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal.
What happens next will depend heavily on what the regime will feel is necessary to buoy public support for the regime and its current ruling party.
As Washington cheers the so-called budget deal, the real problems loom. Liquidity issues are next.
