Bob first pushes back on Tim Pool's recent commentary on interstate labor mobility, then turns to address whether the US is currently in a recession. He explains the role that inventories play in conventional GDP accounting.

Mentioned in the Episode and Other Links of Interest:

• The YouTube source of the Tim Pool clip.
• Bob's article on GDP inventory adjustments.
• Scott Sumner explains problems with using the data to argue for a recession in early 2022.
• Bob and Ryan Griggs on the "predictive" power of the yield curve, and how to reconcile it with Austrian business cycle theory.
• Bob's study (with Fraser co-authors) on Michigan's economic reforms.
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Bob provides a qualified defense of Larry Summers' recent claim that high unemployment will be necessary to contain price inflation.

Mentioned in the Episode and Other Links of Interest:

• The Summers interview featured in the audio clip. The Bloomberg article quoting Summers on how unemployment is necessary to fight inflation.
• Robert Lucas' Nobel Prize lecture that explains the Phillips Curve.
• The Jan 2022 debate between Krugman and Summers on inflation.
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.



Jason Rink explains his documentaries on the so-called Q-Shaman and Nick Fuentes, as well as the pushback he's received.

Mentioned in the Episode and Other Links of Interest:

• The YouTube video of this interview.
• Jason Rink's posts (here and here) explaining what happened with FreedomFest.
• Bob Murphy Show episode 174 explaining the Viking guy (Q-Shaman).
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Bob seeks to explain why the Fed's extraordinary monetary inflation following the 2008 financial crisis didn't result in $5/gallon gasoline, while the Fed's extraordinary monetary inflation following the 2020 coronavirus panic did.

Mentioned in the Episode and Other Links of Interest:

• Bob's newspaper op ed laying out his explanation.
• Bob's blog post summarizing what happened with his botched price inflation bet.
• Bob’s book on Understanding Money Mechanics, and the chapter explaining the M1 redefinition.
• Bob’s speech for the Mises Institute in Orlando.
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Bob offers thoughts on the LP Mises Caucus takeover, Justin Amash's speech, and then argues that the Fed has not yet begun to tighten.

Mentioned in the Episode and Other Links of Interest:

• Justin Amash's quotes from Mises at LNC 2022.
• Bob's book on Understanding Money Mechanics, and the chapter on the yield curve.
• Bob's speech for the Mises Institute in Orlando.
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Bob uses a recent Krugman article to highlight how free-traders sometimes confuse the public on the nature of trade surpluses. Contrary to Krugman, there's nothing foolish about exporting more than you import.

Mentioned in the Episode and Other Links of Interest:

• Bob's mises.org critique of Krugman's NYT column.
• Bob's critique of the WSJ subtitle for a Barro op ed.
• Bob's novel Minerva (pdf version compiled by a listener).
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Bob argues that Putin's moves to link the ruble to gold and to insist on ruble payments for natural gas won't be very effective in strengthening the currency. He then critiques a recent listener comment who argued that one's views on taxation are important for determining moral worth as a human.

Mentioned in the Episode and Other Links of Interest:

• An example of Ronan Manly's ruble/gold analysis.
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Mike Thiessen talks with Bob extensively on the economics of climate change policy. The discussion then turns to the fate of the US dollar and the US empire.

Mentioned in the Episode and Other Links of Interest:

• The YouTube version of this interview.
• Bob's study with Ross McKitrick on the economics of climate change.
• Bob's evaluation of the forecasts of the leading climate models.
• Schwab’s books The Fourth Industrial Revolution and Covid-19 and the Great Reset. #Commissions Earned (As an Amazon Associate I earn from qualifying purchases.)
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Johnny Vedmore is an independent journalist from Cardiff, Wales. He discusses his masterful article on Klaus Schwab's mentors, including Henry Kissinger and John Kenneth Galbraith.

Mentioned in the Episode and Other Links of Interest:

• The YouTube version of this interview.
• Johnny Vedmore's article on Klaus Schwab.
• Part 1, Part 2, Part 3, Part 4 and Part 5 of the BMS series on Klaus Schwab and the Great Reset.
• An evaluation of Herman Kahn's "Year 2000" forecasts. Part 1 of John Kenneth Galbraith's "The Age of Uncertainty."
• Trailer for the Kubrick film, "Dr. Strangelove."
• Bob's novel, Minerva.
• Schwab’s books The Fourth Industrial Revolution and Covid-19 and the Great Reset. #Commissions Earned (As an Amazon Associate I earn from qualifying purchases.)
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.

Bob critiques the economic views of Yuval Harari, who predicts "useless people" because of technological advances. Bob then showcases similar thinking from right-wingers. He ends by addressing a common critique of the Christian God.

Mentioned in the Episode and Other Links of Interest:

• Part 1, Part 2, Part 3, Part 4 and Part 5 of the BMS series on Klaus Schwab and the Great Reset.
• Bob's book with Silas Barta on Understanding Bitcoin.
• Source for NWO compilation.
• Source for World Government Summit panel on blockchain.
• Source for Harari audio.
• Tim Pool episode featuring Michael Malice discussing NPCs (around 1:04:30).
• Schwab’s books The Fourth Industrial Revolution and Covid-19 and the Great Reset. #Commissions Earned (As an Amazon Associate I earn from qualifying purchases.)
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.