Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They never learn.
Do we have a market situation primed for everyone to head for the exits? What would ignite such a problem?
Contrary to Milton Friedman’s thesis that the decline in the money supply caused the Great Depression, the real reason was the collapse of real savings, which was due to loose monetary policies by the Federal Reserve.
Oklahoma City recently approved the construction of the Legends Tower at a record-setting height of 1,907 feet.
The endless bubble economy has a new lending craze: loans backed by AI chips. The problem is that while the chips serve as collateral, companies right now cannot make enough revenue to cover their costs.
Mark Thornton joins Ryan and Tho to discuss the current state of the economy and what to expect as we near the election.
Keynesian economists have no good explanation for stagflation, rising rates of both inflation and unemployment. However, the Austrian School has long pointed out that sustained inflation has a predictable pattern that leads ultimately to stagflation.
We are seeing Joseph Schumpeter's concept of creative destruction at work in higher education. The shake-up will continue.
The endless bubble economy has a new lending craze: loans backed by AI chips. The problem is that while the chips serve as collateral, companies right now cannot make enough revenue to cover their costs.
Economics researcher Joakim Book joins Bob to discuss his recent article on the dollar's international dominance.
