Only the Austrian perspective on economics can provide a credible accounting for what has happening to the monetary system, the banking system, the housing market, and the entire financial sector.
Sponsored by Jeremy S. Davis.
Every government-based stimulus that has ever been tried has failed. This one is no different except that the failure might end up even more catastrophic.
FDR followed up on Hoover’s attempted inflation by closing the banks and plotting an unprecedented inflation that ended in the paper money we use today.
Sponsored by Mark L. Hart III
Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues
Easy money policy hurts most people, particularly workers and savers, and redistributes their wealth to the ruling elites.
The history of the last great US monetary experiment in “quantitative easing” from 1934 to 1937 suggests that things could end badly.
Interviewed by host John O’Donnell, Mark Thornton discusses the state of the economy and jobs, why inflation will continue to erode the quali
