Bob and Carlos return from their summer hiatus to bring listeners up to speed. Carlos had a medical issue that occurred in June, which he explains in the episode. After describing what happened, Carlos ties his experience to the broader condition of medical care in the United States: it's top-notch, but very expensive.Mentioned in this episode: Bob's post on the inverted yield curve. How to subscribe to the Lara-Murphy Report.The audio production for this episode was provided by Podsworth Media.

Episode 74: Carlos Lara Explains His Absence, and How He’s Back in the Saddle

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Bob and Carlos discuss a recent Mercatus Policy Brief that documents how rising interest rates have caused the Fed to lose a trillion dollars in the value of its assets, and is now technically insolvent. Does it matter?

Episode 89: The Fed Just Lost a Trillion Dollars--Should We Care?

Prompted by an email, Bob and Carlos acknowledge that yes, things look pretty bleak right now, both financially and culturally. But there is still cause for hope. The worst thing to do right now would be to give up.

Episode 88: Is the United States Hopeless at This Point?

Bob and Carlos discuss the oddities in the official numbers, which show low unemployment but also low labor participation, and how the statistics don't match their personal observations.

Episode 87: Is the US in a Recession or Not? Making Sense of the Numbers

Bob and Carlos discuss a recent article in The Hill, which explains that rising interest rates have rendered the Fed technically insolvent.

Episode 86: The Fed Is Officially Bankrupt--Should We Care?

Bob asks Carlos to recount his own financial struggles as a young businessman in the late 1970s, when price inflation and interest rates skyrocketed. This painful episode ultimately led Carlos to discover Austrian economics.

Episode 74: Carlos Lara Explains His Absence, and How He’s Back in the Saddle

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