The Fed’s Tightening Will Only Drag Out the Economic Slump
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
Tightening the interest rate hurts both bubble and solid businesses. The Fed should just focus on reducing the money supply.
Jeff and Bob discuss the effect of rising interest rates on Uncle Sam's ability to service debt—and promote the increasingly less radical idea that a default on Treasury debt is both inevitable and good.
Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008.
The Federal Reserve was supposed to prevent recessions that people blamed on the lack of central banking. Not surprisingly, the post-Fed recessions have been worse.
Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles.
Did you feel happy when the government gave you a check paid with printed money? Watch now as your daily groceries, gas and power become unaffordable.
Few people are aware of what the Federal Reserve System, acting on behalf of the U.S. Government, is doing to their money, writes Hans Sennholz.
Did you feel happy when the government gave you a check paid with printed money? Watch now as your daily groceries, gas and power become unaffordable.
Ryan McMaken joins Jeff and Bob for a hard look at the economic reality Americans face today.
The United States economy may have delivered no growth in the first half of 2022 after the decline in the first quarter, narrowly avoiding a technical recession.