Breaking Bessent
On this episode of Power & Market, Ryan, Connor, and Tho talk about new highs in bond yields, why that matters, and whether or not a new round of $5,000 Trump bucks will solve America's affordability crisis.
On this episode of Power & Market, Ryan, Connor, and Tho talk about new highs in bond yields, why that matters, and whether or not a new round of $5,000 Trump bucks will solve America's affordability crisis.
Mark Thornton argues Washington is trying to manage bond yields, suppress gold’s warning signal, and sell AI as an inflation cure—even as debt and malinvestment pile up.
Mark Thornton explains the Fed’s real problem: the power to paper over debt, deficits, war, and market cracks until the bill hits consumers.
Mark Thornton explains why Austrian economics matters, and why gold, debt, the Fed, and the dollar all point back to the same problem: government money.
Kevin Duffy reads gold's bull market through an Austrian investor's lens — America's "imperial bubble" and the gold demand driving it from a rising East.
When government becomes involved in finance, interest groups abound, each one seeking wealth transfers to the detriment of others. This has been the case since the founding of this country, and AI is just a new chapter.
Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that predict events well. But over time, financial markets must bend to the real world.
Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that predict events well. But over time, financial markets must bend to the real world.
Mark Thornton argues modern politics is a power struggle run by elites—and that Austrian economics explains both the rigged system and the way out.
While the pundits are insisting that the late Alan Greenspan was a committed free market adherent, his actions throughout his career spoke differently. In today’s Friday Philosophy, Dr. David Gordon exposes Greenspan for what he was: an opportunist.