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