概要:We will abide by all norms of the Geneva convention.— Robert P. Murphy (@BobMurphyEcon) July 9, 2025
We will abide by all norms of the Geneva convention.
Recent tensions between Fed Chair Jerome Powell and former President Trump have ignited fresh controversy: Trump publicly accused Powell of “tanking the economy” and threatening Americas recovery — escalating the spotlight on central bank policy. But is anyone asking… do we even need a central bank in the first place? We are.
Tonight at 7 pm ET, ZeroHedge will host and Rebel Capitalist founder George Gammonwill moderate: Mises Institute senior fellow Bob Murphy against George Mason University researcher David Beckworth (Fed reformist).
Murphy the abolitionist
A senior fellow at the Mises Institute and author of , Murphy argues that the Federal Reserves creation of fiat money leads to inflation, credit bubbles, and cyclical crashes—all hallmarks of Austrian economics. He supports dismantling the central bank completely, replacing it with a free banking system where sound money—potentially gold or other commodities—emerges naturally .
David Beckworth the reformer
A Senior Research Fellow at the Mercatus Center, Beckworth focuses on improving the Feds governance, transparency, and monetary policy framework. He actively works with lawmakers and advocates for reforms like NGDP (nominal GDP) targeting to stabilize economic growth, and restructuring Fed oversight—without abolishing the institution altogether.
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