Last month I wrote a post on Substack called “I Blog Differently.” Interview with Financial Planner Drew Benson, Part 1I am a former student of the Masters Macro class I taught at San Jose State University in early 2009. I posted in the last 35 minutes Today on Substack And for the first time, I have decided to post the same here.
This is The final 35 minutes
Some highlights.
3:50: The lockdown has weakened civil society.
5:35: The connection between lockdowns and the George Floyd riots.
6:25: How our daughter has adjusted to the San Francisco lockdown and our fears of getting caught if we go to see her.
8:10: Judge Steve Williams dies alone in hospital.
8:48: Why Bryan Caplan is proud of Drew Benson.
10:10: The huge costs of lockdowns for people in poor countries.
11:40: Extreme poverty has fallen globally, with a brief recovery during lockdowns.
14:30: COVID risk by age.
15:00: I was referring to the Heritage Foundation, Hillsdale College.
15:40: Multiple comorbidities.
17:30: Fed actions in 2008-2009 and 2020-21.
19:00: Federal Reserve Mistake – Paying Interest on Reserves.
7.50pm: Bernanke breaks promise he made at Friedman’s 80th birthday party.
21:25: Who predicted low inflation in 2009 and high inflation in 2021? Jeff Hamel.
22:15: Attended Jeff Hamel’s Masters in Financial Theory course. Achieved highest grade.
24:10: Commodity money.
24:30: How Hummel’s classes have helped my writing The Wall Street Journal article There I criticized the Diamond/Dybvig model.
25:59: Have you ever received a call back from the WSJ?
27:10: The WSJ now has as many articles as my age.
29:10: Inflation: Truth and Lie.
30:00: Alan Greenspan’s response after the Dow Jones Industrial Average fell more than 22% in one day in 1987 (the biggest drop in history).
31:30: The 1951 Treasury-Federal Reserve Agreement has been repealed.
