The Fed Cant Even Meet Its Own Standard @misesmedia

Uploaded May 2026 | Updated September 2026, 2 weeks ago

Tho Bishop argues that the Fed has failed by its own stated standard — running inflation above its 2% target for five consecutive years.

2026 is the Year of Rothbard—Murray's 100th birthday—and we're celebrating by giving away free copies of Anatomy of the State through May 31. Grab yours today at mises.org/gabfreebook

$Why Mises Thought Fractional Reserve Banking Caused the Boom-Bust Cycle Bob returns to the fractional reserve banking debate to clarify a point the critics keep missing: in the Mises-Hayek-Rothbard framework, its fractional reserve banking itself that sets the boom-bust cycle in motion, not merely central banks. Celebrate Murray Rothbard’s 100th birthday with a free copy of The Case for a 100 Percent Gold Dollar during our August giveaway. Get yours at mises.org/HAPodFree Related: • Lawrence White, Free Banking in Britain: https://Mises.org/HAP561a • Bobs Previous Episode on Rothbard vs Free Bankers: https://Mises.org/HAP561b • Bobs Paper on the History of Fractional Reserve Free Banking: https://Mises.org/HAP561c • Roger Garrisons Presentations on Capital-Based Macroeconomics: https://Mises.org/HAP561d 0:13 Returning to fractional reserve banking 0:59 The free bankers blind spot 5:33 The smoking gun quote 6:20 Fiduciary media and credit expansion 10:10 Its not about bank runs 13:58 The 100% reserve proposals 24:41 Why Mises blames the market 27:46 Cantillon effects and gold 38:23 Fractional reserves per se 42:12 The structure of production 46:00 Sustainable vs. unsustainable booms 49:50 Conclusion: capital consumption Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics at https://Mises.org. X ► https://x.com/mises/ Facebook ► https://www.facebook.com/mises.institute/ Instagram ► https://www.instagram.com/misesinstitute/ SoundCloud ► https://soundcloud.com/misesmedia/ Apple Podcasts ► https://podcasts.apple.com/us/artist/mises-institute/1280664810 Rumble ► https://rumble.com/c/c-2212754 Odysee ► https://odysee.com/@mises/ Podcasts ► https://mises.org/podcasts$

Why Health Insurance Is Tied to Your Job?

Cronyism: The Origins of the Federal Reserve | Patrick Newman

Precursors of the Austrian School | Mark Thornton

misesmedia |

The Fed Can't Even Meet Its Own Standard