Booms and Busts

Ryan and Tho talk about last week's banking panic.

The story of the failure of Silicon Valley Bank is the story of nearly every bank failure. Fractional reserve banking invites the risky behavior that brings down the banking system.

“America’s Great Depression” serves as a reminder that a brighter future where these missteps are recognized and no longer pursued, is in fact possible.

Rothbard’s America’s Great Depression is the essential book to read for those wanting to understand the economic issues we face today.

The only way the current bust and any future ones can possibly be mitigated is by following Rothbard’s explanation of the Great Depression and taking those lessons to heart, else we will be doomed to repeat the mistakes of the past.

While the Biden White House claims we are on a steady course of prosperity, the more realistic future is that of a global recession.

As the Fed "fights inflation" by increasing interest rates, its actions will not produce the hoped-for "soft landing," but rather the hard bust.

People are making painful adjustments. What will the Fed do?

While the Biden White House claims we are on a steady course of prosperity, the more realistic future is that of a global recession.

Mark uses Intel Corporation as a barometer of the business cycle.