PE56: Austrian Business Cycle Theory & Practice (XI)

Check out show sponsor Coinkite: https://coinkite.com/

Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/

This is the fifty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.

Contents

00:00 Intro

01:10 Fed Funds target rate

04:14 Fed Funds effective rate

05:29 Interest on bank reserves

08:40 US 1 year T-bill

09:13 US 2 year T-note

10:08 US 3 year T-note

10:35 US 5 year T-note

10:40 US 10 year T-note

11:00 US 20 year T-bond

11:20 US 30 year T-bond

12:44 Austrian Business Cycle Theory

16:20 Central bank planning board policy rates

18:55 Policy rates exacerbate booms and busts

20:20 Inverted yield curve means recession

22:00 Pretence of knowledge

Here we look at the Federal Reserve policy rates, versus the market rate for US government securities. We use this backdrop to describe the basic Austrian Theory of the Business Cycle, and how the central bank exacerbates booms and busts.

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.