Bob Murphy

Author Archive

Don’t Worry, Bernanke’s Pushing Us Back Towards the Cliff

I noted two weeks ago that the monetary base had dropped significantly in the new year, and wondered whether Bernanke had come to his senses. Looks like that’s a big fat negatory:

Bernanke Stakes His Reputation on CPI

Wow, I can’t believe Ron Paul wrung it out of him. But at around 4:45, Bernanke says that if price inflation really heats up, he will concede that his approach to the financial crisis was wrong. I suggest watching the whole video to see the exact context of his daring statement. (HT2LRC)

Murphy Interviewed on Young Americans for Liberty

I really like the podcast interface. (If that’s not the word I want, let me know. I am not totally familiar with the Intertubes just yet.) The Ron Paul vanguard talks with me about some basic economics from the PIG to Capitalism as well as the forthcoming PIG to the Great Depression and the New […]

Why Buy Gold?

Sure, I could justify my recommendation to buy physical gold with all kinds of jargon and thought experiments. But I will spare you. The real reason I think everyone should get his or her little pot of gold (just in time for St. Patty’s Day) is this: You have to ask yourself, “Does Ben Bernanke […]

Holy Tax Increase, Batman!

This ABC News story (HT2EPJ) gives the breakdown of the $989 billion in new taxes under Obama’s budget forecast for 2010-2019. (Keep in mind folks that the federal government’s fiscal year starts on October 1. So that’s why the upcoming ten-year forecast starts in “2010.” Right now we are in the middle of Fiscal Year […]

The Bailout Mascot

Mitche Hunt emailed me a description of the bailout mascot, and Google pulled up this page at the top. I think that’s the original source but not sure… Anyway: The United States government today announced that it is changing its national symbol to a CONDOM because it more accurately reflects the governments political stance. A […]

Very Funny Commenter Points Out Matrix Bloopers

This guy really cracks me up. If you watch it, then come back and watch it again in a day, he is even funnier. Do you think that is really his accent, or is it an American doing a Borat/Siskel/Saget merge? What’s great is now that people have seen how easily you can bring traffic […]

Mankiw Nails the China Bashing

Back when Treasury Secretary Geithner was telling China to stop “manipulating” its currency, I was puzzled: Didn’t that mean he wanted them to stop buying US Treasurys, and hence push up US interest rates and consumer prices? (Robert Wenzel over at EPJ was saying this too, I believe, but I don’t have the link handy.) […]