Ep. 184 What Is Trump Doing to the Fed?

14 April 2019     |     Tom Woods     |     6

Krugman is very unhappy about the nominations of Stephen Moore and Herman Cain to the Federal Reserve’s Board of Governors. (Cain’s nomination now seems likely to be abortive.) Krugman devotes particular attention to Moore, whom he considers a partisan hack who changes his recommended policy depending on who is in power. We consider Krugman’s accusations, and also discuss what the best monetary policy is regardless of the state of the economy.

Krugman Column

Why Does Trump Want to Debase the Fed?” (April 8, 2019)

Contra Column

Bob’s qualified defense of Moore/Laffer from George Selgin’s critique.

Related Links

Bob’s debate challenge to Krugman:

The Fed on Trial at FreedomFest (Bob gets a hug from Kennedy around 10:40)

Need More Episodes?

Tom and Bob have their own podcasts! Check out the Tom Woods Show, the Bob Murphy Show, and the Lara-Murphy Report.

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Audio Production by:
Podsworth Media
podsworth.com

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  • ProfessorBernardoDeLaPaz

    Chris IS the TRUE genius behind Tom’s and Bob’s seeming brilliance.

  • MikeChuk21

    Setting up this website and podcast is an awful lot of effort to go to just to show that you don’t understand how the economy works. Well-played, I guess. Enjoy the next crash!

    • Tuppenceworth

      “Enjoy the next crash!”? Was that particular to your point or some kind of departing salutation you always sign off with like, “ciao!” or “peace out!”?

      –Enjoy the next crash!

      • MikeChuk21

        So the ’08 crash wasn’t fun enough for you and you’d like to repeat the near-depression, I guess.

        • Tuppenceworth

          Is that the long version? Look, don’t take this the wrong way, Mike, but I must say I honestly don’t think that one’s going to catch on at all as a hip phrase. I mean, just imagine people saying all of that to each other the whole time. Just sounds like some weird rant. But “enjoy the next crash!” was strong.

          • MikeChuk21

            Not looking to coIn a hip phrase. Just noting that Krugman was right about Bush’s economic policies leading to recession, whether those facts conflict with your feelings or not. Unless this some sort of parody site, which is plausible considering how ridiculous it is, in which case I apologize.