InFi: the Future of Finance

In InFi ep. 116, Eric Weinstein talked with Bob for more than 2 hours on applying gauge theory to economics. In this episode, Bob unpacks some of the key lessons from the discussion. Related: - https://infineo.ai/podcast/116   - https://infineo.ai/eric-weinstein-on-economics-part-1-of-3   Watch the video version of this episode here: https://youtu.be/eIvT4a6V9is   Subscribe to our YouTube channel:...

Anja Dragovic is an Australian-based host of the Honest Money Show, a podcast that brings Bitcoin education, with an emphasis on bringing women into the honest-money movement. She joins Bob to explain her own discovery of Austrian economics and the virtues of sound money, as well as the major roadblocks to Bitcoin adoption. Related: - https://www.youtube.com/@ HonestMoneyShow Watch the video versi...

Bob draws on the yield curve, Fed announcements, and labor market data to give his assessment of the economy for the coming year. Related: - https://infineo.ai/a-macroeconomic-outlook-part-1-of-2   - https://infineo.ai/a-macroeconomic-outlook-part-2-of-2   Watch the video version of this episode here: https://youtu.be/Pgu3JtYdtnU   Subscribe to our YouTube channel:  https://bit.ly/3XXfmGS   Follow...

Eric Weinstein joins Bob Murphy to discuss his work with Pia Malaney on a more economically relevant differential operator, which has important implications for cost-of-living adjustments. Eric Weinstein has a PhD in mathematics from Harvard University, and among other academic appointments was a Research Associate in the Harvard economics department from 1998 - 2001, where he co-founded the Scien...

Keith Weiner is founder and CEO of Monetary Metals, a company that pays its customers interest on their gold and silver, denominated in ounces of gold and silver. The company has arrangements with jewelers, miners, and other industry participants to make their offers credible. Keith joins Dr. Murphy to discuss the mission of Monetary Metals, their unique business model, and his views on fiat curre...

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 stablecoin issuers. Related: https://infineo.ai/podcast/113   Watch the video version of this episode here: https://youtu.be/sUvZl5rytxI   Subscribe to our YouTube channel:  https://bit.ly/3XXfmGS   Foll...

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 Treasury. He joins Bob to discuss the GENIUS Act and the potential risks that banks pose to stablecoin issuers. Related: - https://www.alexjpollock.com/work-and-media/8vfsl21atwwfkjoccxir8a2lwlzzx4   Watch t...

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 the entire world used one money. This could be our future with Bitcoin or another cryptocurrency. Related: - https://www.youtube.com/watch?v=joSS0_hdUo4   - https://cdn.mises.org/understanding_money_m...

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.com/@BensonWealthPodcast   https://infineo.ai/ai-can-appear-creative   https://infineo.ai/podcast/98   Watch the video version of this episode here: https://youtu.be/m7rGYLTyZKQ   Subscribe to our YouT...

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 version of this episode here: https://youtu.be/7qZqEw4Szx8   Subscribe to our YouTube channel:  https://bit.ly/3XXfmGS   Follow us on Instagram: https://www.instagram.com/infineogroup   Follow us on Twitter:...

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 burden. Related: - https://mises.org/podcasts/human-action-podcast/co-creator-explains-javier-mileis-plan-abolish-central-bank   - https://www.youtube.com/watch?v=PNMXW7rq7vA   - https://x.com/Libertarian...

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/refining-stance-on-h1b-visas-part-1-of-2   - https://infineo.ai/refining-stance-on-h1b-visas-part-2-of-2   Watch the video version of this episode here: https://youtu.be/mSzccNMO2CQ   Subscribe to our YouTube...

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 with Bob about their project and the economics of investible cars, but also his tales of racing. Related: https://drvnlabo.xyz Watch the video version of this episode here: https://youtu.be/8sP5-gdNWD...

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 own earlier critiques. In this episode Murphy goes through the chief points of the article and elaborates. Related: - https://www.international-economy.com/TIE_Sp25_Bessent.pdf   - https://mises.org/podc...

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 confusion. Related: - https://cdn.mises.org/understanding_money_mechanics_ with_cover_image_attached.pdf   - https://infineo.ai/a-biz-vs-a-bank-vs-the-fed-part-3-of-3   - https://www.youtube.com/watch?v...

Murphy argues that the Intel "deal" is an ominous precedent that will make businesses think twice before locating in the United States. If the goal was to boost the production of defense-sensitive components, it was a terrible move. Related: - https://infineo.ai/69   - https://truthsocial.com/@realDonaldTrump/posts/114987288040725570   - https://newsroom.intel.com/corporate/intel-and-trump-adminis...

Responding to a spate of criticism of BlackRock (sic) on social media, Bob gives a qualified defense of the type of business that Blackstone (sic) is engaged in—namely, the institutional purchase of real estate, including single-family homes, and renting them to tenants. Related: -   https://www.blackstone.com/housing   - https://mises.org/mises-daily/did-fed-or-asian-saving-cause-housing-bubble  ...

Bob uses a recent Federal Reserve post as the jumping off point to explain the pros and cons of different approaches to capturing the capital gain accruing from revaluing the government's (alleged) stockpiles of gold. Right now, they are valued at $42.22 per troy ounce, which is well below the market rate. But many on social media seem to believe the Fed can create money filling the gap, without c...

Murphy first cites some news items showcasing the Trump Administration's pro-blockchain initiatives, and explains that this will foster even greater institutional adoption. He then explains the long-run economics of Bitcoin adoption, contrasting the different motivations of speculation versus hedging and use as a medium of exchange. Related: - https://infineo.ai/an-upper-bound-on-bitcoins-apprecia...

Tyler Watts returns to the podcast to give an economic history lesson on how "free banking" worked in the US in the decades before the Civil War. Contrary to Barry Eichengreen's warnings in the NYT, stablecoins shouldn't scare us—freedom in banking is just as good as freedom in other industries. Related: -   https://www.nytimes.com/2025/06/17/opinion/genius-act-stablecoin-crypto.html   - https://c...

Murphy continues his economic analysis of the GENIUS Act, seeking to answer the question: Does it—as many critics allege—pave the way for a central bank digital currency, or does it protect Americans from such a fate? Related: - https://infineo.ai/97   - https://infineo.ai/98   - https://www.mitrade.com/insights/news/live-news/article-3-933919-20250703   - https://www.youtube.com/watch?v=BNlcjnvzy...

In recent commentary, Murphy has said that the GENIUS Act—by imposing 100% reserve requirements on USD stablecoins—is much stricter than the regulations on conventional banks. In this episode, he spells out his argument. Watch the video version of this episode here: https://youtu.be/kQoG-qhL22g   Subscribe to our YouTube channel:  https://bit.ly/3XXfmGS   Follow us on Instagram: https://www.instag...

Nicki Sanders has worked in the blockchain space since 2015. She is currently leading engineering for Porto, which is Anchorage Digital's institutional self-custody platform. She joins Bob to discuss the GENIUS Act (which recently passed the Senate), its implications for the USD stablecoin industry, and the broader future of tokenized real-world assets. Watch the video version of this episode here...

In the wake of the arguments over the Big Beautiful Bill, Bob walks through a hypothetical fiscal reform to push partisans on the Right to reform their frameworks. Watch the video version of this episode here: https://youtu.be/VAscLqJCJ4w   Related: - https://content.infineo.ai/articles/an-aggressive-plan-for-us-fiscal-reform   - https://www.econlib.org/library/Columns/y2017/Murphysocialsecurity.h...

Journalist and author Robert Bryce discusses the Chinese near-monopoly over critical rare earth supplies, necessary for auto production and other critical industries. He argues that Trump's tariff strategy didn't adequately consider the Chinese counterresponse. Watch the video version of this episode here: https://youtu.be/u5_Fnc8e9oQ   Related: -   https://robertbryce.substack.com   - https://inf...