U.S. Economy

Jeff and Bob record a special Thanksgiving on what it really takes to fix the US economy. 

The Fed's predictable response to inflation is based on erroneous economic thinking common with Keynesians. Only a free-market approach can reduce inflation and restore true market interest rates.

Ryan and Tho look at conman Sam Bankman-Fried, the scam of FTX, and how regime legitimacy fuels fraudulent companies with unprofitable business practices.

A serious political discussion at the federal level would center on structural problems of war and peace, debt and the dollar, and entitlements. But America in 2022 is a deeply unserious country.

One might assume that new rounds of monetary stimulus will bring new peaks in housing construction, reversing the ongoing housing shortage.  That hasn't happened.

The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed. 

The jobs data is worse than the latest headlines suggest, and workers are staring at falling real wages, declining savings, and mounting debt. We can thank the Fed. 

Government economists "seasonally adjust" data in order to better respond with policy recommendations to deal with business cycles. The problem is that government causes the cycles.

The Gold Standard Restoration Act seeks to once again tie the US dollar to gold.

In a free market, short-term and long-term rates would move toward convergence. Fed interference with interest rates ensures that won't happen.