On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Mark Thornton to discuss Jerome Powell's most recent announcement. As the Fed signals its potential for a policy pivot, other members of the FOMC are sending other signals. What does this mean for monetary policy, the dollar, and the performance of the real economy? Thornton is here to answer these questions and more.
"Will Powell's Pivot Bail Out Biden?" by Tho Bishop: Mises.org/RR_165_A
"The Money Supply Continues its Biggest Collapse Since the Great Depression" by Ryan McMaken: Mises.org/RR_165_B
"The Fed Brings Christmas Early to Wall Street" by Peter St. Onge: Mises.org/RR_165_C
Claim your free book: Mises.org/RothPodFree
Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.
Radio Rothbard mugs are now available at the Mises Store. Get yours at Mises.org/RothMug
PROMO CODE: RothPod for 20% off
Full story here Are you the author?You Might Also Like
X Marks the Spot: Social Media’s Last Stand
2023-12-19
Ever since Elon Musk acquired Twitter, now X, the censorship regime has been hell-bent on harassing the company and Musk himself—with bad publicity, accusations of antisemitism, and advertiser boycotts. Musk struck back by threatening to sue the Anti-Defamation League, suing Media Matters for defamation, and famously telling fleeing advertisers “Go f*ck yourself.”
Musk’s X has the potential to weaken the Big Digital woke cartel, which censors content, censures and bans users, and serves as a propaganda arm of the globalist totalitarian statists whom the cartel so assiduously serves. I have argued that Musk’s X gambit would represent an important test case because it pits “the world’s richest man” against these woke cartel members and the state that benefits from their allegiance and
DC’s Debt Trap
2023-12-16
In May this year, the Congressional Budget Office estimated outstanding US government debt next October to be $27,388 billion. By the end of the first quarter of the fiscal year, it will exceed $34,000 billion. It is soaring out of control, and perhaps it is not surprising that the CBO has not updated its forecasts with this debt uncertainty. The CBO also assumed that debt interest costs last year would be $663 billion, when it ended up being $980 billion 48% higher than forecast. For the current fiscal year, the CBO assumed that the average interest cost on debt held by the public would be only 2.9%. Short-term T-bill financing upon which the Treasury has become overly dependent is almost double that.
Of the total bond debt, some $7.6 trillion has to be refinanced this fiscal year, to
Political Authorities and Covid: Creating Crises in the Name of Public Health
2023-12-15
Diary of a Psychosis: How Public Health Disgraced Itself During Covid Mania. By Thomas E. Woods, Jr. Libertarian Institute, 2023.
In the Foreword to this outstanding book, the eminent Stanford University physician Dr. Jay Bhattacharya makes an arresting claim. He says that people often make mistakes in recollecting the past because they confuse having intended to do something with actually having done it. That confusion is more likely to occur under emotional stress, and what could be more stressful than the Covid nightmare that lasted the better part of four years? In these circumstances, it is especially valuable to have a contemporaneous record of what has happened, so that past events can be accurately reconstructed.
There is no one better able to provide such a record than Tom Woods,
Tags: Featured,newsletter
