12/3/21 Bob Murphy and Jon Schwartz on Whether Current Inflation Is a Good Thing

12/3/21 Bob Murphy and Jon Schwartz on Whether Current Inflation Is a Good Thing

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Jon Schwarz wrote an article for the Intercept last month that stirred up quite a buzz. In the piece, Schwarz makes the argument that, because it’s hurting creditors and shrinking the real value of debt, inflation should be viewed as good news for most people. Scott brought Schwarz on together with Austrian economist Bob Murphey to have a discussion about Schwarz’s argument and monetary policy more broadly.  

Discussed on the show:

Jon Schwarz is a writer for The Intercept, and has written for the New Yorker, the New York Times, The Atlantic, the Wall Street Journal, “Saturday Night Live,” and many others. Find him on his blog, A Tiny Revolution, or on Twitter @schwarz.

Bob Murphy is an economist with the Institute for Energy Research, a research fellow with the Independent Institute, and a senior fellow at the Ludwig von Mises Institute. He is the author of The Politically Incorrect Guide to Capitalism and Choice: Cooperation, Enterprise, and Human Action. Find him on Twitter @BobMurphyEcon and listen to his podcast The Bob Murphy Show.

This episode of the Scott Horton Show is sponsored by: The War State and Why The Vietnam War?, by Mike Swanson; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; EasyShip; Free Range Feeder; Thc Hemp Spot; Green Mill Supercritical; Bug-A-Salt; Lorenzotti Coffee and Listen and Think Audio.

Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjYu5tZiG.

About Scott Horton

Scott Horton is director of the Libertarian Institute, editorial director of Antiwar.com, host of Antiwar Radio on Pacifica, 90.7 FM KPFK in Los Angeles, California and podcasts the Scott Horton Show from ScottHorton.org. He’s the author of the 2017 book, Fool’s Errand: Time to End the War in Afghanistan and editor of The Great Ron Paul: The Scott Horton Show Interviews 2004–2019. He’s conducted more than 5,500 interviews since 2003. Scott lives in Austin, Texas with his wife, investigative reporter Larisa Alexandrovna Horton. He is a fan of, but no relation to the lawyer from Harper’s. Scott’s Twitter, YouTube, Patreon.

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