The Great Antidote
Adam Smith said, "Science is the great antidote to the poison of enthusiasm and superstition." So join us for interviews with the leading experts on today's biggest issues to learn more about economics, policy, and much more.
The Great Antidote
Thomas Hoenig on Inflation and the Federal Reserve
Inflation is always around, but it has been particularly worrisome recently. A startling departure from the United States' usual average of about 2% inflation, we faced 8.5% in the month of April. Where does inflation come from? What regulatory bodies aim to deal with inflation? How do they do it? Does it work?
Today, Thomas Hoenig talks to us and answers all these questions and more, including his personal experience as President of the Kansas City Federal Reserve and on the Federal Open Market Committee. He is currently a distinguished senior fellow at the Mercatus Center at George Mason University.
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