Booms and Busts

If the twentieth century was the American century, the twenty-first is turning into the American bankruptcy century.

Dr. Murray Sabrin shares his story of how he became an Austrian economist and discusses his analysis predicting a recession later in the year. Tho and Dr. Sabrin also talk about this week's anniversary of Nixon closing the gold window.

Progressive economists claim that the Federal Reserve's rate hikes couldn't possibly be responsible for the quelling of consumer price inflation. Jonathan Newman joins Bob to discuss.

China's authoritarian gerontocracy has built a Doom Loop with Chinese characteristics, with over half the economy now crashing.

Study of business cycles must be based upon a satisfactory cycle theory. Gazing at sheaves of statistics without "pre-judgment" is futile.

We should not just be concerned about problems in the American banking system, but also about the proliferation of Eurodollars.

Dr. Jonathan Newman joins the show to talk about his doubts of a "soft landing" for the economy, and the lies being told to sell Central Bank Digital Currencies.

Jonathan Newman joins Bob to explain why the data still support the case for recession and point out the eerie similarity to the calm before the storm in 2008.

How can a bank “create money out of thin air”? We must enter the magical kingdom of “fractional-reserve banking,” where deposits are turned into loans, loans are turned into money, and so on, to find out.

Many observers have dismissed the significance of the yield curve inversion in 2022.