Uploaded August 2026 | Updated September 2026, 1 week ago

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On this episode of Power & Market, Ryan and Tho are joined by Dr. Jonathan Newman to discuss recent economics headlines, including interventions to prop up the yen, a bad jobs report, and troubling signs in bond markets.

Celebrate Murray Rothbard’s 100th birthday with a free copy of The Case for a 100 Percent Gold Dollar during our August giveaway. Get yours at Mises.org/PMPodFree

0:00 Intro & the yen intervention
5:40 The carry trade
8:55 Fed independence is a myth
14:26 The weak-dollar myth
17:48 Deficits and rising yields
24:13 Warsh vs. Bessent
33:43 Task forces and Japan panic
35:49 The solution: spend less
39:08 The DOGE disappointment
44:28 Keep an eye on yields
47:29 Debt is a symptom
49:24 Wrap-up

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