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Ep. 106: Treasury Secretary Bessent's Critique of the Fed's "Gain of Function"

Ep. 106: Treasury Secretary Bessent's Critique of the Fed's "Gain of Function"

InFi: the Future of Finance · Infineo

September 19, 202551m 37s

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Show Notes

In a recent issue of The International Economy, Treasury Secretary Bessent wrote an impressive critique of the Federal Reserve's actions since the 2008 crisis, some of which dovetail with Murphy's own earlier critiques. In this episode Murphy goes through the chief points of the article and elaborates.

Related: - https://www.international-economy.com/TIE_Sp25_Bessent.pdf - https://mises.org/podcasts/human-action-podcast/why-fed-isnt-really-independent - https://cdn.mises.org/understanding_money_mechanics_ with_cover_image_attached.pdf

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