# Credit Out of “Thin Air” Brings Wealth Destruction

Page: https://stenobird.com/podcast/audio-mises-wire-1133748/credit-out-of-thin-air-brings-wealth-destruction
Text version: https://stenobird.com/podcast/audio-mises-wire-1133748/credit-out-of-thin-air-brings-wealth-destruction.md
Podcast: [Audio Mises Wire](https://stenobird.com/podcast/audio-mises-wire-1133748)
Published: 2026-09-01T19:10:10+00:00
Episode link: https://mises.org/podcasts/audio-mises-wire/credit-out-thin-air-brings-wealth-destruction
Audio file: https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-09/mises-145820_20260901.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/audio-mises-wire-1133748/episodes/credit-out-of-thin-air-brings-wealth-destruction

## Resource

Federal Reserve policy has been to expand credit out of nothing without regard for the real damage it does to the economy. Original article: https://mises.org/mises-wire/credit-out-thin-air-brings-wealth-destruction

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/audio-mises-wire-1133748/episodes/credit-out-of-thin-air-brings-wealth-destruction/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/audio-mises-wire-1133748/credit-out-of-thin-air-brings-wealth-destruction.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.