In a recent episode of “The Problem With Jon Stewart,” the former Daily Show host asks former president of the Kansas City Fed Thomas Hoenig why the Fed couldn’t have bailed out homeowners, or just “quantitative ease” away the Treasury’s debt. Hoenig gives muddy answers, so Bob tries to clarify. Mentioned in the Episode and Other Links of Interest: Jon Stewart’s full interview with Thomas Hoenig Jon Stewart skewers Paul Krugman Jon Stewart interviews Kelton and Gray on MMT Bob’s book Understanding Money Mechanics For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on Apple Podcasts, Google Podcasts, Stitcher, Spotify, and via RSS. [embedded content] You Might Also
Topics:
Robert P. Murphy considers the following as important: 6b) Mises.org, Featured, newsletter
This could be interesting, too:
Jane L. Johnson writes Contrived Scarcity and Antitrust Lawsuits—“It’s Not a Bag, It’s a Birkin”
David Gordon writes What Is Consent?
Lance Roberts writes Trump Presidency – Quick Thoughts On Market Impact
Robert P. Murphy writes How Can Mining Asteroids in the Future Make Us Richer Today?
In a recent episode of “The Problem With Jon Stewart,” the former Daily Show host asks former president of the Kansas City Fed Thomas Hoenig why the Fed couldn’t have bailed out homeowners, or just “quantitative ease” away the Treasury’s debt. Hoenig gives muddy answers, so Bob tries to clarify.
Mentioned in the Episode and Other Links of Interest:
- Jon Stewart’s full interview with Thomas Hoenig
- Jon Stewart skewers Paul Krugman
- Jon Stewart interviews Kelton and Gray on MMT
- Bob’s book Understanding Money Mechanics
For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on Apple Podcasts, Google Podcasts, Stitcher, Spotify, and via RSS.
You Might Also Like
Hoppe: “My Dream Is of a Europe Which Consists of 1,000 Liechtensteins.”
2022-04-18
Interviewer: I would like to welcome our second guest in the studio. It is the philosopher and economist with an international range Hans-Hermann Hoppe. Nice to meet you, Mr. Hoppe.
The dream of a united Europe, the eternal longing of the empire. Do you also dream this dream?
Death by Inflation or by Interest Rate Hikes?
2022-02-26
Inflation is skyrocketing in practically the entire world. Central banks are getting scared and beginning to announce the end of expansionary measures, also known as tapering. Why do central banks find themselves in a dilemma? Why has inflation risen so much? What is a bottleneck? What does tapering mean, and how could it affect us? The objective of this article is to answer these, and other, questions.
Behind Klaus Schwab, the World Economic Forum, and the Great Reset: Part 2
2022-01-29
Bob continues his series on Klaus Schwab, explaining the WEF’s plans for redesigning the world, and providing quotes from Schwab’s book on the fourth industrial revolution.
Andrew Moran: NBA skills trainer on NBA pre-draft workout with James Wiseman and Cole Anthony
2022-01-25
In this segment, Andrew talks about pre-draft workouts and how he prepares players such as James Wiseman and Cole Anthony. Also, discuss how being drafted by a certain team can lead to certain expectations and roles.
Fiye show: https://www.instagram.com/fiye.show/
Miami Hoop School: https://www.instagram.com/miamihoopsc…
Miami Hoop School website: https://www.miamihoopschool.com/
In a Free Economy, Prices Would be Going down, Not Up
2021-11-09
Whenever politicians and media outlets discuss inflation, they invariably use the Consumer Price Index (CPI) as their measure. The CPI is only one of several price indices on top of the various measures of the money supply that underlie aggregate price changes. Strictly speaking, the CPI does not measure inflation per se, but rather the consequences of monetary expansion on consumer products. In macroeconomics, the CPI is one of the key indicators of economic health, and it is this inflation measure that economists use to calculate real GDP. Naturally, the accuracy of the CPI as a measure of the consequences of credit expansion is critically important, yet the measure is controversial among investors. As Investopedia explains, the CPI is “a proxy for inflation,” and “from an investor’s
The Federal Reserve’s Assault on Savers Continues
2021-11-02
The front-page headline in the Wall Street Journal on October 14 says it all, “Inflation Is Back at Highest in over a Decade.” The Labor Department reported that the Consumer Price Index (CPI) increased 5.4 percent from a year ago.
Digitalization Could Move Medical Care Beyond “Government Healthcare”
2021-10-27
The reductive and lazy dismissals of the possibility of bringing about free market systems of healthcare, in addition to the administrative and legislative hurdles imposed by government agencies, have all been brought into the limelight in the wake of the pandemic.
Tags: Featured,newsletter