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In The Tank (ep66) – The Federal Reserve, Inflation, and Donald Trump's Treasury Secretary Pick

December 2, 2016

Host Donny Kendal is going lone wolf in episode #66 of the In The Tank Podcast. Today’s podcast features work from the Cato Institute, the Mises Institute, and the Heartland Institute.

Host Donny Kendal is going lone wolf in episode #66 of the In The Tank Podcast. This weekly podcast features (as always) interviews, debates, and roundtable discussions that explore the work of think tanks across the country. The show is available for download as part of the Heartland Daily Podcast every Friday. Today’s podcast features work from the Cato Institute, the Mises Institute, and the Heartland Institute.

Policybot Featured Work of the Week

This week's featured work comes from the Cato Institute. The article titled "Does the Federal Reserve Know What It's Doing?" gives a great rundown of the origins of Federal Reserve, the inherent problems with the institution and why it is so dangerous to the economy. The report also proposes solutions that would aim to limit the scope and power of the Fed. 

The next item is an article from the Mises Institute titled "End the Fed To Really 'Make America Great Again.'" This article covers even more problems created by the Federal Reserve and how these problems led to the public anger which contributed to the election of Donald Trump. 

One of the biggest decisions that affects the monetary system for Donald Trump is the selection of the Treasury Secretary. This selection is discussed and dissected by Heartland Executive Editor Justin Haskins in an article on The Blaze titled "Why is Trump choosing Soros- and Democrat-connected Mnuchin to lead Treasury." The article looks into the background of Mnuchin and why it should worry small-government advocates. 

The last item also comes from the Mises Institute. The article titled, "How Inflation Ruined A Chocolate Bar," explains how inflation distorts goods. Toblerone recently decided to widen the gaps in their chocolate bar, resulting in a 10% reduction in the candy bar's total volume. 

I hope you’ll listen in, subscribe, and leave a review for our podcast on iTunes. We welcome your feedback in our new show’s inbox at or follow us on twitter @InTheTankPod.

[Please subscribe to the Heartland Daily Podcast for free at this link.]

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Donald Kendal is a graphic designer for The Heartland Institute, a research fellow for Heartland's Socialism Research Center, and the host of Heartland's In the Tank Podcast and Stopping Socialism TV. @InTheTankPod