Every time the United States reaches its debt limit, we read that it is important to reach an agreement to lift it. The narrative is that the debt ceiling must be raised, or the US economy will suffer a severe contraction. There is even an episode of a TV series,...
According to the January report of the Consumer Price Index, price inflation increased by 0.5 percent last month. This follows a 0.1 percent increase in December. The total increase over the last 12 months is 6.4 percent. The official government statistics, which are...
Download Episode. Ryan McMaken of the Mises Institute joins Scott to discuss the ill effects central banking has on the country. McMaken wrote an article recently pointing out that the Federal Reserve, America’s central bank, is technically bankrupt. Scott has...
Central banking and robots this time. 7 Eastern. Fox Bidness Channel. I hear you can stream it on their app.
Tonight I'll be back on Kennedy Nation talking central banking and war. Update:
Click here for Part 1 For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54) Read full piece here. If bitcoin is dead, then everyone abandoned the network By mere speculation the, WSJ...
Bob Murphy interviewed me for his magazine about central banking and war, terrorism, the Iran deal, Syria, Libya, Yemen. Well, that's what I answered anyway.
People complain that American culture is atomistic. That the nuclear family leaves us high and dry. It's true that American culture is messed up, and people are left high and dry. I'd just as soon blame our corporate fascist rent-seeking phony capitalism for this. ...
Over the last two trading days (2/2 and 2/5), the Dow Jones Industrial Average has lost more than 1,800 points, or about 7%. Meanwhile, the S&P has lost 173 points, or more than 6%. These sharp downward moves have many people looking for an explanation. No big...
It can't get any worse than this. Jerome Powell is a Wall Street-coddling Keynesian and Washington lifer who passes for a Janet Yellen replica---that is, save for his tie and trousers and his as yet underdeveloped capacity to whine pedantically. During his years on...
Washington, D.C. — As further evidence that interest in cryptocurrencies like Bitcoin is currently booming, consider these opening lines from a CNBC article on Wednesday: “An unidentified man held up a sign saying ‘buy bitcoin’ during Fed Chair Janet Yellen's...
The recent news in the Bitcoin world is China's building attempt to regulate and oversee its use to a point where it is rendered nearly useless for Chinese consumers. They've realized that they can't truly kill it per se, but they can regulate the exchanges to a point...
Coverage of central banks and monetary policy in popular financial media outlets like Bloomberg, Financial Times, Forbes, Wall Street Journal, and The Economist is almost uniformly bad. The reporting and analysis are superficial, and the writers tend to assume facts...
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