The Fed

Dr. DiLorenzo has some words for Secretary Bessent about the true role of the Fed and its record in this open letter.

Bob provides a detailed, realistic plan for abolishing the Federal Reserve and returning to a stable, gold-backed monetary system.

There are many reasons for disliking the Federal Reserve.  However, many critics of the Fed attack the Fed for the wrong reasons.

Reich, Elizabeth Warren, and other leftists never address the root cause of what they correctly diagnose as excessive corporate power: the Federal Reserve.

Bob dismantles the arguments supporting the Federal Reserve and presents a clear strategy for its abolition and replacement.

The CBO‘s forecasting restrictions prevent it from predicting an inflationary debt crisis, despite rising US debt and deficits. This limitation hinders proactive policy-making, risking economic instability.

As the latest housing bubble pops, home sellers are asking for unreal prices for their homes, while buyers are waiting for the prices to fall. Bill Pulte, Trump's Director of the Federal Housing Finance Agency, is demanding the Fed force down interest rates to restart the unsustainable boom.

As the latest housing bubble pops, home sellers are asking for unreal prices for their homes, while buyers are waiting for the prices to fall. Bill Pulte—Trump‘s Director of the Federal Housing Finance Agency—is demanding the Fed force down interest rates to restart the unsustainable boom.

On this episode of Power and Market, the roundtable responds to Zohran Mamdani winning his primary in New York City, the rising MAGA attacks on the Fed, and the ceasefire in the Middle East.

Monetarists and rational expectations economists believe that if monetary policy is transparent, then increases in the money supply will not have negative effects. The actual results say otherwise, as introducing new money into the economy leads to economic instability.