Professor Steve Hanke joins Bob to discuss why COVID lockdowns were an unprecedented policy blunder and how currency boards provide an effective solution to hyperinflation.
With US Government bonds being downgraded, another sign that Washington's borrowing and spending is out of control, not that anyone in power is listening. Think of the downgrade as a canary in a coal mine.
Government protection and deposit insurance slows the inevitable—until it doesn’t.
Ultimately, interest rate caps would cost Americans access to a convenient and reliable source of credit. Instead of saving them money, a rate cap would push consumers into worse credit options.
With the resurrection of Saudi Arabia's Jeddah Tower project set for completion around 2027, could another global economic crisis be imminent?
Mark Thornton digs into the gold-silver ratio—its wild swings, its history, and what it might mean for investors and the world at large.
The bond market is sending a message to the US government that its spending is out of control.
Think silver prices are manipulated? There's more to the story. Mark Thornton explores the economic theory of "joint supply" and how it can create a "silver lining" even in a downturn.
Liberation Day morphed into an Obliteration Day of everyone’s retirement account in a matter of minutes as Trump’s tariffs were announced.
What happens to businesses when liabilities exceed assets? They go bankrupt, with the spectacular failure of FTX being front-and-center. However, the Federal Reserve is in the same position but unlike FTX, the Fed can create fictitious assets and pretend that nothing is happening.
