Crypto Voices
Crypto Voices
Matthew Mezinskis
PE56: Austrian Business Cycle Theory & Practice (XI)
24 minutes Posted Apr 13, 2023 at 1:37 pm.
Intro
Fed Funds target rate
Fed Funds effective rate
Interest on bank reserves
US 1 year T-bill
US 2 year T-note
US 3 year T-note
US 5 year T-note
US 10 year T-note
US 20 year T-bond
US 30 year T-bond
Austrian Business Cycle Theory
Central bank planning board policy rates
Policy rates exacerbate booms and busts
Inverted yield curve means recession
Pretence of knowledge
0:00
24:11
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Show notes
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This is the fifty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
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.
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