David Malpass

speaker

289 appearances 4 recordings 1 series first heard Nov 2025 last heard 22 Jun

David Malpass’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 4 in all, peaking in Dec 2025 with 2.

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You know, Greenspan did one in 1982 that raised the retirement age and taxes on Social Security.

And so it was a success.

It called a success at that moment.

But since then, not many have worked.

So we've got the Fed totally tangled up with fiscal policy.

I'm not sure Congress is a very good arbiter of this.

The Constitution is clear that there's supposed to be stability in this.

I think the Fed needs to read the words price stability and realize that that means money has to be stable.

You can't get price stability without stability of the value of money.

If they do that, that's all they have to do.

That would be

That would be a giant change in the academic economics and would lead in the right direction.

Thanks.

David R. Malpass on Zoom.

That's right.

The system is set up with models, Steve, where they think that growth causes inflation, so they ought to tamp down growth with high interest rates.

And that's getting locked in.

Well, it's been locked into the system for a long time.

It fights and fights.

against growth.

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