PE56: Austrian Business Cycle Theory & Practice (XI)

<p>Check out show sponsor Coinkite: https://coinkite.com/</p> <p>Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/</p> <p><br></p> <p>This is the fifty-sixth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>01:10 Fed Funds target rate</p> <p>04:14 Fed Funds effective rate</p> <p>05:29 Interest on bank reserves</p> <p>08:40 US 1 year T-bill</p> <p>09:13 US 2 year T-note</p> <p>10:08 US 3 year T-note</p> <p>10:35 US 5 year T-note</p> <p>10:40 US 10 year T-note</p> <p>11:00 US 20 year T-bond</p> <p>11:20 US 30 year T-bond</p> <p>12:44 Austrian Business Cycle Theory</p> <p>16:20 Central bank planning board policy rates</p> <p>18:55 Policy rates exacerbate booms and busts</p> <p>20:20 Inverted yield curve means recession</p> <p>22:00 Pretence of knowledge</p> <p><br></p> <p>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.</p> <p><br></p> <p>https://porkopolis.io</p> <p>https://twitter.com/crypto_voices</p> <p><br></p> <p>Show content is not investment or financial advice in any way.</p>