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Jon Stewart Asks Great Questions of Federal Reserve Chief

In a recent episode of “The Problem With Jon Stewart,” the former Daily Show host asks former president of the Kansas City Fed Thomas Hoenig why the Fed couldn’t have bailed out homeowners, or just “quantitative ease” away the Treasury’s debt. Hoenig gives muddy answers, so Bob tries to clarify.

Mentioned in the Episode and Other Links of Interest:

Jon Stewart’s full interview with Thomas Hoenig

Jon Stewart skewers Paul Krugman

Jon Stewart interviews Kelton and Gray on MMT

Bob’s book Understanding Money Mechanics

​For more information, see BobMurphyShow.com. The Bob Murphy Show is also…

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