Bob and Carlos discuss a recent Mercatus Policy Brief that documents how rising interest rates have caused the Fed to lose a trillion dollars in the value of its assets, and is now technically insolvent. Does it matter?
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Bob and Carlos discuss a recent Mercatus Policy Brief that documents how rising interest rates have caused the Fed to lose a trillion dollars in the value of its assets, and is now technically insolvent. Does it matter?
Episode 84: Is a Recession Coming? Listen to the Austrians
The Lara-Murphy Report
41 minutes
3 years ago
Episode 84: Is a Recession Coming? Listen to the Austrians
Carlos and Bob discuss the views of some prominent economists on whether a recession is baked into the cake. Contrary to even free-market members of the Chicago School, the Austrians know it's not just a matter of money supply growth. During the boom, there were real malinvestments, and these must be liquidated in a bust. Mentioned in this episode and other links of interest: The Fortune article on Steve Hanke and his views about recession.Bob’s journal article with Ryan Griggs on the invert...
The Lara-Murphy Report
Bob and Carlos discuss a recent Mercatus Policy Brief that documents how rising interest rates have caused the Fed to lose a trillion dollars in the value of its assets, and is now technically insolvent. Does it matter?
