Financial Markets

Mark Thornton argues that government efforts to hold down oil prices may be prolonging shortages and setting the stage for an even worse energy crisis.

The infamous Housing Bubble collapsed 18 years ago, and our economy has never truly recovered from it. Instead, the government became even more financially irresponsible.

Ryan McMaken welcomes Mises Institute Senior Fellow Alex Pollock, a longtime expert on real estate finance, for a discussion on how Fannie Mae, Freddie Mac, and the Federal Reserve have created a socialist housing market in America. But it's socialism for the rich, and the system has made housing much more expensive for ordinary people. 

Proponents of high capital gains taxes believe they fall heavily upon wealthy investors, therefore, they are an act of justice. In reality, these taxes hinder capital formation and economic growth, and the harm falls mainly upon those who are not wealthy.

The Fed wants to keep interest rates low so the government can borrow on the cheap. But bond markets are driving up interest rates as inflation isn't going away.

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.