The Fed

Recorded in Tampa, Florida, on February 17, 2024.

Mark looks at the disconnect between the Fed, the stock market, and the Real Economy.

Paying off the debt obviously won't happen, and the feds won't even contemplate anything that keeps the debt from getting bigger. They'll just try to inflate the debt away, so get ready for price inflation. 

As the US banking system becomes increasingly unstable, the calls proliferate for even more government intervention into banking and finance. People forget that it was government intervention in the first place that caused these crises.

In this week's episode, Mark takes a quick look back at Fed wisdom in the year 2000 versus 2024.

In a recent statement, the Federal Reserve declared that US banks are "sound and resilient," but a lot of markets, including real estate, testify to a very different situation.

One doesn’t need to search modern economic literature to take on the MMT crowd. Just read Bastiat.

Mark Thornton talks about the Federal Reserve's Reverse Repo Operations.

While the ruling classes insist that money is whatever the government says it is, historically money has been gold. That has not changed even in the age of debased currency.

Economist Peter St. Onge summarizes some of the major financial and government news stories of the day.