Black Swans, Sequestered Capital, and the Next Bust
Black swans don’t cause crashes: they reveal them. Mark Thornton shows how easy money breeds “sequestered capital” in opaque assets, priming the next bust.
Black swans don’t cause crashes: they reveal them. Mark Thornton shows how easy money breeds “sequestered capital” in opaque assets, priming the next bust.
Gold and silver make sense—until government “helps.”
Mark Thornton explains why $50 silver is a psychological barrier.
Four interviews in one cut: gold’s whiplash, ballooning debt, and what it all means for your wallet.
As the Federal Reserve signals it doesn't care about price inflation, we're reminded the Fed is mostly motivated to ensure rising asset prices for Wall Street while pushing cheap credit to finance federal deficits.
Newly released jobs data this month shows that the jobs narrative from the media was based on bogus numbers.
A long-enduring myth about money is that we need a flexible or "elastic" currency for the economy to grow. Economist Jonathan Newman joins us to talk about why this has never been true.
Ryan McMaken takes a deep dive on food stamp spending, food stamp recipients, and how Big Ag and other industry lobbyists fight to keep food stamp spending flowing and increasing.
Si bien la inflación monetaria tiene diversos efectos económicos —previsibles y sorprendentes, directos e indirectos—, este artículo pretende explorar los efectos de la inflación monetaria sobre los alimentos. En concreto, la devaluación de la moneda conduce a la devaluación de los alimentos.
Las afirmaciones del presidente de la Fed, Jerome Powell, de querer proteger la «independencia» de la Reserva Federal suenan huecas. Seguir políticas monetarias sólidas es más importante que la «independencia» teórica del banco central.