80 episodes

L. Carlos Lara and Dr. Robert P. Murphy discuss market news and trends from an Austrian Economics perspective.

The Lara-Murphy Show The Lara-Murphy Show

    • Investing
    • 4.8 • 134 Ratings

L. Carlos Lara and Dr. Robert P. Murphy discuss market news and trends from an Austrian Economics perspective.

    Episode 80: The Hidden Forces Behind Our Slide Into Tyranny

    Episode 80: The Hidden Forces Behind Our Slide Into Tyranny

    In their monthly publication the Lara-Murphy Report, Carlos and Bob have each started a series investigating the history of certain groups operating behind the scenes to influence social and political trends.



    Mentioned in this episode and other links of interest:



    Information on the Lara-Murphy Report.

    Bob's college essay on the origins of the US public school system.



    The audio production for this episode was provided by Podsworth Media.

    • 45 min
    Episode 79: Does Fed Inflation Threaten IBC?

    Episode 79: Does Fed Inflation Threaten IBC?

    In the wake of the coronavirus, the Federal Reserve has engaged in unprecedented actions, pumping $2.5 trillion into the financial system in just two months. Many readers ask: Does this make IBC a bad idea? After all, it relies on a dollar-denominated asset (life insurance). Bob and Carlos discuss the economic outlook and this particular issue.



    Mentioned in this episode and other links of interest:



    Carlos and Bob’s September 2016 presentation, “How to Weather the Coming Financial Storms.“

    The documentary This Is Nelson Nash.

    The book co-authored by Nelson Nash, Carlos, and Bob, The Case for IBC.

    Bob’s new series for the Mises Institute, Understanding Money Mechanics.

    Carlos and Bob’s book, How Privatized Banking Really Works.

    Bob’s analysis of the Fed’s latest emergency repo operations.



    The audio production for this episode was provided by Podsworth Media.

    • 43 min
    Episode 78: On the Fed’s Emergency Actions to Stem Coronavirus Panic

    Episode 78: On the Fed’s Emergency Actions to Stem Coronavirus Panic

    Carlos and Bob critically assess the Fed's $1.5 trillion repo operations, allegedly designed to stem market panic over the coronavirus. Bob observes that even Walter Bagehot's famous dictum said central banks should lend freely *at a high rate of discount*.



    Mentioned in this episode and other links of interest:



    Carlos and Bob's September 2016 presentation, "How to Weather the Coming Financial Storms."

    The documentary This Is Nelson Nash.

    Bob’s new series for the Mises Institute, Understanding Money Mechanics.

    Carlos and Bob’s book, How Privatized Banking Really Works.

    Bob's analysis of the Fed's latest emergency repo operations.



    The audio production for this episode was provided by Podsworth Media.

    • 32 min
    Episode 77: The 2020 IBC Think Tank and Outlook for the Future

    Episode 77: The 2020 IBC Think Tank and Outlook for the Future

    Carlos and Bob end their hiatus and return to the airwaves, fresh from the 2020 IBC Think Tank in Birmingham. They summarize the talks they gave at the event, including some exciting news about the Nelson Nash Institute's forthcoming project.



    Mentioned in this episode:



    The CBO's 2019 Long Term Budget Outlook.

    The documentary This Is Nelson Nash.

    Bob's new series for the Mises Institute, Understanding Money Mechanics.

    Carlos and Bob's book, How Privatized Banking Really Works.



    The audio production for this episode was provided by Podsworth Media.

    • 33 min
    Episode 76: The Trump Tax Reform’s Impact on Charitable Giving, And Beto’s Threat to Churches

    Episode 76: The Trump Tax Reform’s Impact on Charitable Giving, And Beto’s Threat to Churches

    Bob and Carlos discuss the 2017 Tax Cut and Jobs Act's impact--especially because of the boost in the standard deduction--on incentives to make charitable contributions. Then they discuss Beto O'Rourke's pledge to remove the tax exempt status of churches and other organizations that don't endorse gay marriage.



    Mentioned in this episode:



    AEI's Alex Brill's report on how the 2017 tax reform will reduce the incentives for charitable giving.

    GivingUSA's report on charitable giving in 2018.

    Scott Sumner very upset that the 2017 tax reform retained the deductibility of employer-provided health insurance.

    The YouTube video of Beto O'Rourke.



    The audio production for this episode was provided by Podsworth Media.

    • 33 min
    Episode 75: The Psychology and Economics of Recurring Financial Crashes

    Episode 75: The Psychology and Economics of Recurring Financial Crashes

    As the U.S. authorities once again pivot to begin another round of cheap credit, Carlos and Bob reflect on the deception--both deliberate and unwitting--involved. Part of the problem is that younger investors haven't lived through a crash, but even the old timers are caught flat-footed if they think past crashes were an "act of God." This is why it's so important to learn Austrian economics.



    Mentioned in this episode:



    Carlos and Bob's video, "How to Weather the Coming Financial Storms."



    The audio production for this episode was provided by Podsworth Media.

    • 38 min

Customer Reviews

4.8 out of 5
134 Ratings

134 Ratings

AmancioAnthony ,

Future Libertarian in the making

Thank you two for all the content and information about IBC and the process. It has enhanced my knowledge and allows me to ask questions to my IBC Practitioner in Hawaii. Keep up the great content and God Bless

Aloha

BargainSeeker ,

Very informative!

Thank you for the mind shifting information that you provide and the benefit applying this concept will provide my family.

Sean Dempsey, ESQ ,

Dave Ramsey needs a lesson

Those who have read and listen to Dave Ramsey (like I do and have done for years) know he’s hardly keen on while life insurance: he and other pundents like to be flippant with their rebuke and just say “it’s not as cheap as term” - which is the most intellectually dishonest thing possible as it’s comparing apples to oranges. Not only that, but Ramsey often touts the holy grail is “paying cash” for a house or car. But he fails to account for the opportunity cost of that play; it’s “leaving money on the table” when you compare it to the BEST alternative—the IBC techniques described so well in this podcast. Now don’t get me wrong: Dave Ramsay’s philosophy of getting out and staying out of debt cannot be more on point—the first 3 or 4 steps of his plan are amazing. But he falls off the rails in steps 5-10 as he misses the fact that stocks/mutual funds/“the market” are probably the WORST possible place to put money if you are even remotely keeping your eyes open. Austrian economic principals described in this podcast explain why and how the economy will break down and how so many of those who put their faith (and 401k) in the market will be left holding the bag. Even traditional banks aren’t really safe as the FDIC only covers/guarantees 0.04% of all deposits. A scary thought! So when (not if) we face the next big bust I. America those with other assets such like whole life and those who leverage the IBC system may be the best suited to handle the coming financial storm. Bob and Carlos break these concepts down and so much more. Cannot recommend this podcast any more highly!

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