While this was an interview Murphy conducted on his own podcast, it is relevant to Lara-Murphy Show listeners. Keith Smith is an anesthesiologist and founder of the Oklahoma Surgery Center and the Free Market Medical Association. His group is doing for health care what the Nelson Nash Institute is doing for the financial sector.Mentioned in this episode: The Bob Murphy Show, ep 37 (with links to items discussed in the episode). The Surgery Center of Oklahoma.The audio production for this episode was provided by Podsworth Media.

Episode 73: Dr. Keith Smith Tells Doctors and Patients How to Secede From the Broken Health Care and Insurance System

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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 73: Dr. Keith Smith Tells Doctors and Patients How to Secede From the Broken Health Care and Insurance System

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