The Fed
“Deficit Financing” and Inflation
"The worst failures of money, the worst things done to money, were not done by criminals but by governments."
Critiquing an MMT TED Talk
Bob provides a running refutation of Stephanie Kelton's recent TED talk on Modern Monetary Theory (MMT).
Why the Fed Is So Desperate to Hide Price Inflation
The Fed is backed into a corner. If price inflation continues, the public could demand action and the Fed could be forced to cut back the flow of easy money, which may lead to a depression.
The Terrible Economic Ignorance behind Covid Tradeoffs: My Speech to the Ron Paul Institute
Millions of Americans have no conception of economics, and simply don’t believe tradeoffs exist.
As the Fed Powell Continues to Flail, Could an MMT Fed Chair Be Next?
Could progressive pressure, mixed with escalating economic pressure, push White House decision-makers to replace Jay Powell with an advocate of MMT?
Is There Such a Thing as Good Inflation?
Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair.
Interview with Tho Bishop: Economic Populism and the Role of the Mises Institute
The emergence of global money is going to be the greatest attack on national sovereignty and political self-determination that we have ever seen.
Is There Such a Thing as Good Inflation?
Unlike the ongoing price inflation that is typically caused by central-bank expansion of the money supply, the price inflation generated by diminished supplies of goods is a one-shot affair.
Scott Sumner on Why the Bernanke Fed Was Too Tight
Scott Sumner explains why interest rates and even monetary aggregates are not good indicators of the stance of monetary policy, whereas NGDP growth is much better.