Bob seeks to explain why the Fed's extraordinary monetary inflation following the 2008 financial crisis didn't result in $5/gallon gasoline, while the Fed's extraordinary monetary inflation following the 2020 coronavirus panic did.

Mentioned in the Episode and Other Links of Interest:

• Bob's newspaper op ed laying out his explanation.
• Bob's blog post summarizing what happened with his botched price inflation bet.
• Bob’s book on Understanding Money Mechanics, and the chapter explaining the M1 redefinition.
• Bob’s speech for the Mises Institute in Orlando.
• Help support the Bob Murphy Show.

The audio production for this episode was provided by Podsworth Media.