Is the Fed Responsible for the Recent Surge and Fall in Price Inflation?

Join us in Nashville on September 23rd for a no-holds-barred discussion against the regime: https://Mises.org/Nashville23 Jonathan Newman joins Bob to discuss the argument being put forth by Alan Blinder, James Galbraith, and other progressive economists, who claim that the Federal Reserve's rate hikes couldn't possibly be responsible for the quelling of consumer price inflation. Jonathan and Bob stress the important role of expectations as a "transmission mechanism" from Fed policy to impacts on prices. Galbraith's Article on the Fed's 'Soft Landing': https://Mises.org/HAP409a<br /> The Paper on the Forward Guidance Paradox That Mentions Krugman: https://Mises.org/HAP409b Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of Economics, at https://Mises.org​​. Twitter ► https://twitter.com/mises/<br /> Facebook ► https://www.facebook.com/mises.institute/<br /> Instagram ► https://www.instagram.com/misesinstitute/<br /> SoundCloud ► https://soundcloud.com/misesmedia/<br /> Apple Podcasts ► https://podcasts.apple.com/us/artist/mises-institute/1280664810<br /> Rumble ► https://rumble.com/c/c-2212754<br /> Odysee ► https://odysee.com/@mises/<br /> Podcasts ► https://mises.org/library/audio-video/ Chapters<br /> 00:00 Against Our Limitless Regime<br /> 01:00 Introduction<br /> 01:36 Fed Rake Hikes and Inflation<br /> 17:03 Impact of Fed Expectations on the Economy<br /> 23:51 How Fast Does Monetary Policy Work<br /> 30:54 Is the Fed Announcement Effect Overblown?<br /> 36:44 The Forward Guidance Paradox<br /> 40:34 Other Theories for the Disinflation<br /> 46:40 It’s Starting to Looking Very Similar to 2006