Money and Banks

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.

After more than a decade of monetary stimulus fueling elevated asset valuations and incentivizing an enormous leveraged bet on risk, a soft landing is impossible.

Skyrocketing asset prices are great for hedge fund managers and Wall Street types, but they increasingly drive ordinary people into unsustainably large amounts of debt.

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. 

Ignorant politicians who create no wealth can only impede great visionaries like Henry M. Galt from creating wealth with monetary chicanery, antitrust litigation, labor laws, and other regulatory measures.

Instead of “respecting the Fed’s independence,” President Biden should work with Congress to audit, then end the Fed.

The Federal Reserve continues the proud Greenspan tradition of obfuscation and confusing language to describe its reckless actions.

Jeff and Bob discuss a recent interview with IMF economist Manmohan Singh in the context of central banks co-opting digital technology for bad ends.