Booms and Busts

Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets.

Dr. Paul Cwik joins Bob to discuss the inverted yield curve's "signal" of an impending recession.

The current banking crises have deep roots in US financial history. Monetary authorities have engaged in inflationary behavior for more than a hundred years.

After years of inflationary intervention, the Federal Reserve has no more rabbits to pull out of the hat.

The most popular measure of economic growth is GDP. However, GDP movement is driven by changes in the money supply, not real economic factors.

Austrian business cycle theory points out that easy money leads to malinvestments. Once easy money disappears, the crash begins. Time to clean up malinvested assets.

Mark discusses something bigger than the Disney layoffs: the Wall Street Journal's frontpage article on investing in gold.

As markets settle down after the last set of bank failures, political elites claim the crisis is behind us. But it is not over, not by a long shot.

Ryan McMaken and Dr. Mark Thornton cover the state of the dollar and why employers are laying off their highest paid workers.

Ryan and Tho look at common American history myths baked into government school curricula.