Podcast Episodes

Ep. 114: Recap of Murphy Remarks on Stablecoins at Benzinga 2025

Bob was a panelist for Benzinga's Fintech Day & Awards in NYC on November 10. In this episode he shares some of the highlights of the discussion, including the interaction between tradfi banks and st…

Published on 11 hours ago

Ep. 113: Banking Risk and Stablecoins, with Alex Pollock

Alex Pollock has decades of experience in banking operations and regulation, including serving as the CEO of the Federal Home Loan Bank of Chicago and a director of research position at the US Treasu…

Published on 1 week ago

Ep. 112: Arthur Laffer vs. Milton Friedman on Fixed vs. Floating Exchange Rates

Bob uses a recent Hoover Institution interview of Arthur Laffer to explain the debate between fixed versus floating exchange rates. Back during the classical gold standard, there was a sense in which…

Published on 2 weeks ago

Ep. 111: Stablecoins & AI: Drew Benson Interviews Murphy

Wealth management advisor Drew Benson has Bob on his own podcast to discuss a wide range of topics, centered on the economics of stablecoins as well as the impact of AI.

Related:
https://www.youtube.…

Published on 3 weeks ago

Ep. 110: Could Bank-Issued Money Be Based on Equity Rather Than Debt?

Prompted by discussions with a client, Murphy first explains the sense in which our banks issued debt-based money. Then he explores whether it would work to use equity instead.

Watch the video versio…

Published on 4 weeks ago

Ep. 109: Why Argentina's Milei Asked the US Treasury for a Bailout

Bob explains the predicament in which Javier Milei finds himself, and concludes that the incoming radical libertarian president should have partially defaulted on the central bank's crushing debt bur…

Published on 1 month ago

Ep. 108: Thinking Consistently on H1B Visa Reform

Bob gives highlights from two recent blog posts, in which he uses an analogy with self-driving trucks to sharpen the conversation around Trump's H1B visa reform.

Related:
- https://infineo.ai/refinin…

Published on 1 month, 1 week ago

Ep. 107: Rex Tracer is Putting Cool Cars on the Blockchain

Rex Tracer is the founder and CEO of DRVN Labo, which is an automotive web3 product development studio, focusing on RWAs, tokenized car-culture media, and on-chain community building tools. Rex talks…

Published on 1 month, 2 weeks ago

Ep. 106: Treasury Secretary Bessent's Critique of the Fed's "Gain of Function"

In a recent issue of The International Economy, Treasury Secretary Bessent wrote an impressive critique of the Federal Reserve's actions since the 2008 crisis, some of which dovetail with Murphy's ow…

Published on 1 month, 3 weeks ago

Ep. 105: Thinking Clearly on Money and Debt

Bob uses recent tweets and video clips to showcase incomplete or muddled thinking when it comes to money and debt. He shows how the framework of Austrian economist Ludwig von Mises cuts through the c…

Published on 2 months ago