Austrian Economics versus the Federal Reserve | Patrick Newman

Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona, on October 7, 2022.

Sponsored by Remy Demarest.

[sharondavis]

I'm not an economist but he is right on. Everything is connected, if you just pay attention

[michellebarnes]

When I saw this first out of the corner of my eye, I read Feral Reserve. That works actually!

[TheJpwzrd]

Things are going well
The Fed ‘Just doing our civil duty sir’
Things fall apart
The Fed ‘Everyone else’s fault’

[anonymousAJ]

Powell flooded the market with currency and credit (money substitutes), not actual money

[anonymousAJ]

20:00 "Let's say the Fed does what it's supposed to do. I highly doubt that's the case"

It is not. Who can determine the market rate of interest without allowing the market rate to operate freely?

If the Fed can't know what do, it becomes very unlikely that they will do it anyway

So what the Fed is really supposed to do is quit

[albionicamerican]

The people who run the Federal Reserve aren't afraid of Austrian economists. Notice that the people who make careers out of criticizing or even denouncing the Federal Reserve have *_no trouble_* getting and holding onto financial services.

[hanshazlitt]

He used the word inflation incorrectly

[lindasisosn]

No views Youtube?? How am I commenting then?

[dangerousideas]

bad cowlick, voice sounds like he's doing rothbard impression.

[sebucwerd]

How can someone give a presentation like this and not talk about the solution, ie bitcoin?