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Scott Horton Show - Just the Interviews

12/3/21 Bob Murphy and Jon Schwarz on Whether Current Inflation Is a Good Thing

Scott Horton Show - Just the Interviews

Scott Horton

News, Politics

4.8989 Ratings

🗓️ 7 December 2021

⏱️ 81 minutes

🧾️ Download transcript

Summary

Jon Schwarz wrote an article for the Intercept last month that stirred up quite a buzz. In the piece, Schwarz makes the argument that, because it’s hurting creditors and shrinking the real value of debt, inflation should be viewed as good news for most people. Scott brought Schwarz on together with Austrian economist Bob Murphey to have a discussion about Schwarz’s argument and monetary policy more broadly.   Discussed on the show: “Inflation Is Good for You” (The Intercept) Understanding Money Mechanics by Bob Murphy Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider Jon Schwarz is a writer for The Intercept, and has written for the New Yorker, the New York Times, The Atlantic, the Wall Street Journal, “Saturday Night Live,” and many others. Find him on his blog, A Tiny Revolution, or on Twitter @schwarz. Bob Murphy is an economist with the Institute for Energy Research, a research fellow with the Independent Institute, and a senior fellow at the Ludwig von Mises Institute. He is the author of The Politically Incorrect Guide to Capitalism and Choice: Cooperation, Enterprise, and Human Action. Find him on Twitter @BobMurphyEcon and listen to his podcast The Bob Murphy Show. This episode of the Scott Horton Show is sponsored by: The War State and Why The Vietnam War?, by Mike Swanson; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; EasyShip; Free Range Feeder; Thc Hemp Spot; Green Mill Supercritical; Bug-A-Salt; Lorenzotti Coffee and Listen and Think Audio. Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjYu5tZiG. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey guys check it out December 8th in New York City the Soho Forum is hosting a debate on the resolution.

0:06.0

While vaccine mandates are an infringement on freedom, some are justified due to their big payoff in lives saved.

0:13.6

For the affirmative will be George Mason law professor E.

0:16.6

Le Soman, and for the negative,

0:19.5

our friend Angela McCardle,

0:21.4

chair of the Libertarian Party of Los Angeles County, and declared candidate for

0:25.6

National Chair of the Libertarian Party.

0:29.2

The live debate will be at the Sheen Center, and of course, yes, they do have the vaccine restrictions at the Sheen Center and of course yes they do have the vaccine

0:33.1

restrictions at the Sheen Center but they do not at Gene Epstein's

0:37.2

apartment they're going to have a live viewing party at Gene's house so

0:41.6

people who oppose the mandates can watch the debate about the mandates.

0:47.0

And so find out everything you need to know all about it at the Soho Forum.org that's

0:51.4

this December the 8th in New York. All right, shall welcome to the Scott Horton Show.

1:07.0

I'm the Director of the Libertarian Institute, Editorial Director of Anti-War.com, author of the book Pools Arren, Time to End the War in Afghanistan

1:16.4

and the brand new enough already. Time to end the war on terrorism. And I've recorded more

1:21.4

than 5,500 interviews since 2003, almost all on foreign policy and all available

1:28.2

for you at scot Horton.org. You can sign up to the podcast feed there, and the full interview archive is also available at

1:35.4

YouTube.com slash Scott Horton Show.

1:40.4

All right you guys introducing John Schwartz and Bob Murphy now John Schwartz you guys know he's an old friend of mine

1:48.8

Ever since the Bush years a lefty writes for The Intercept and has a recent piece called

1:56.2

Inflation is good for you. Bob Murphy of course is at the Mises Institute is

2:01.4

the author of the Politically Incorrect Guide

...

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