Home Economic Trends The Fed Wanted Inflation, Now They Have No Idea What to Do...

The Fed Wanted Inflation, Now They Have No Idea What to Do – Ryan McMaken & Tho Bishop

Official portrait of Governor Jerome H. Powell. Mr. Powell took office on May 25, 2012, to fill an unexpired term ending January 31, 2014. For more information, visit http://www.federalreserve.gov/aboutthefed/bios/board/powell.htm

In this episode of Radio Rothbard, Ryan McMaken and Tho Bishop take a look back at previous statements by current members of the Fed. For years, the Fed said the biggest problem was a lack of inflation. Now, with inflation at historic heights, is there any reason to believe the Federal Reserve is prepared for what to do next?

Recommended Reading

“The Fed Who Cried Growth” by Jonathan Newman: Mises.org/RR_77_A 

“We Still Haven’t Reached the Inflation Finale” by Brendan Brown: Mises.org/RR_77_B

“Real Wages Fall Again as Inflation Surges and the Fed Plays the Blame Game” by Ryan McMaken: Mises.org/RR_77_C

“Do Inflationary Expectations Cause Inflation? Contra Krugman, the Answer Is No” by Frank Shostak: Mises.org/RR_77_D

“The Fed Can’t Fix the Economy, but It Can Break It” by Jon Wolfenbarger: Mises.org/RR_77_E

“Kashkari Said What?” by Robert Aro: Mises.org/RR_77_F

Understanding Money Mechanics by Robert P. Murphy: Mises.org/BobMoney

Be sure to follow Radio Rothbard at Mises.org/RadioRothbard.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.