U.S. Economy

Construction lending juggernaut Bank OZK made news when its shares fell 17% after Citigroup analyst Benjamin Gerlinger wrote in a report that

Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation. 

Progressives are claiming that corporate profits are one of the causes of inflation. However, if inflation increases consumer prices, it also causes production costs to rise. That is not a recipe for profitability.

Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian economists, however, say that the purpose of economic theory is to explain economic events.

Will the commercial real estate market become a casualty of the Federal Reserve's tsunamic monetary and interest rate policy?

Ryan and Tho discuss the media campaign around Joseph Stiglitz's new book, The Road to Freedom. 

Many people are selling their gold to make ends meet. Others are buying gold as insurance against mounting price inflation. 

The government’s inflationary borrow-and-spend policies have given Americans a false sense of prosperity. In the end, such policies are unsustainable.

Is Consumer Confidence a reliable indicator of the current economy?

Ryan and Tho are joined by Peter St. Onge, a visiting fellow of the Heritage Foundation, to discuss the state and trajectory of the American economy.