Podcasts about booms and busts

As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.Original article: https://mises.org/mises-wire/kalshi-culture-how-gambling-speculation-and-degeneracy-went-mainstream

As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.Original article: https://mises.org/mises-wire/kalshi-culture-how-gambling-speculation-and-degeneracy-went-mainstream

Bob uses three recent controversies–Richard Murphy's “Christmas all year” claim, Elon Musk's net worth, and Ron DeSantis on the Great Depression–to clear up common economic fallacies about work, wealth, and wartime spending.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Bob uses three recent controversies–Richard Murphy's “Christmas all year” claim, Elon Musk's net worth, and Ron DeSantis on the Great Depression–to clear up common economic fallacies about work, wealth, and wartime spending.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Mark Thornton joins Scott Horton to discuss the state of the economy, the boom-bust cycle, and why anybody—left, right, and center—who cares about the wellbeing of the working class needs to oppose the existence of the Federal Reserve.Visit the Scott Horton Show at http://scotthortonshow.comBe sure to follow Minor Issues at https://Mises.org/MinorIssues

[Original airdate: 1/9/25] Mary Danielsen welcomes back Britt Gillette and his wealth of knowledge about all things economic. Today’s system that seems to be held together with duct tape reminds me of the children’s nursery rhyme that says, “when the bough breaks…” – and then spells out the end quite clearly. Considering that the economy now global impacts us all on earth, what might 2025 bring? The last couple years have seen threats of bank closures and the cancelling of accounts of those the globalists don’t like, namely, conservatives and Christians. Alarming enough, but there is so much more going on, in particular the over-valuation of the stock market. We will rely on Britt to help us sort that out, along with the real estate market, Asian economics and their stock markets, and how AI will affect the economy in the next several years. According to the IMF, AI is a game changer for labor in particular, but also how considerable funds will be poured into the global markets from everything tech. A complex subject made easier by Britt Gillette, because while most of us rely on our pocketbook to tell us things have gone haywire, we can also rely on people with his expertise to help us dig deeper. His extensive YouTube channel can be found here. Stand Up For The Truth Videos: https://rumble.com/user/CTRNOnline & https://www.youtube.com/channel/UCgQQSvKiMcglId7oGc5c46A

Dr. Jonathan Newman joins the Human Action Podcast to discuss his recent QJAE article disputing the claim that 'sticky prices' prevent markets from clearing--i.e., when the quantity supplied equals the quantity demanded. Dr. Newman applies Mises's “plain state of rest” to show that each voluntary exchange equates quantities supplied and demanded, so observed “stickiness” doesn't imply non-clearing markets."There Ain't No Such Thing as a Sticky Price": Mises.org/HAP525aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Dr. Jonathan Newman joins the Human Action Podcast to discuss his recent QJAE article disputing the claim that 'sticky prices' prevent markets from clearing--i.e., when the quantity supplied equals the quantity demanded. Dr. Newman applies Mises's “plain state of rest” to show that each voluntary exchange equates quantities supplied and demanded, so observed “stickiness” doesn't imply non-clearing markets."There Ain't No Such Thing as a Sticky Price": Mises.org/HAP525aThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Is paying down the federal debt a recession trigger? Bob takes on the MMT claim and checks the record, citing US debt payoffs, Canada's 1990s reforms, and ECB case studies. Conclusion: real wealth beats accounting tricks and paydowns aren't a mechanical path to recession.Read More on Fiscal Austerity: Mises.org/HAP524aThe Upside-Down World of MMT: Mises.org/HAP524bDo Balanced Budgets Cause Depressions?: Mises.org/HAP524cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Is paying down the federal debt a recession trigger? Bob takes on the MMT claim and checks the record, citing US debt payoffs, Canada's 1990s reforms, and ECB case studies. Conclusion: real wealth beats accounting tricks and paydowns aren't a mechanical path to recession.Read More on Fiscal Austerity: Mises.org/HAP524aThe Upside-Down World of MMT: Mises.org/HAP524bDo Balanced Budgets Cause Depressions?: Mises.org/HAP524cThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

This week, Bob tackles growing concerns about artificial intelligence, automation, and mass unemployment. Using the principles of marginal productivity and comparative advantage, he shows how the standard economic arguments still apply—even in the age of ChatGPT and robotics. Responding directly to viral tweets from Matt Walsh, Bob dismantles the popular belief that AI will inevitably destroy human labor markets. He explains why highly skilled labor has always coexisted with less-skilled workers and why new technologies, despite their disruptive effects, tend to improve standards of living for everyone over time.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

This week, Bob tackles growing concerns about artificial intelligence, automation, and mass unemployment. Using the principles of marginal productivity and comparative advantage, he shows how the standard economic arguments still apply—even in the age of ChatGPT and robotics. Responding directly to viral tweets from Matt Walsh, Bob dismantles the popular belief that AI will inevitably destroy human labor markets. He explains why highly skilled labor has always coexisted with less-skilled workers and why new technologies, despite their disruptive effects, tend to improve standards of living for everyone over time.The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Jonathan Newman returns to join Bob in a critique of Eliezer Yudkowsky's viral theory of investment bubbles. Yudkowsky states that the bad investment during bubbles should be felt before the bubble pops, not after. They argue that his perspective—while clever—fails to consider the Austrian insights on capital structure, time preference, and the business cycle. They use analogies from apple trees to magic mushrooms to show why Austrian economics provides the clearest explanation for booms, busts, and the pain that follows.Eliezer Yudkowsky's Theory on Investment Bubbles: Mises.org/HAP520aBob's Article "Correcting Yudkowsky on the Boom": Mises.org/HAP520bBob's on The Importance of Capital Theory: Mises.org/HAP520cJoe Salerno on Austrian Business Cycle Theory: Mises.org/HAP520dDr. Newman's QJAE Article on Credit Cycles: Mises.org/HAP520eThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Jonathan Newman returns to join Bob in a critique of Eliezer Yudkowsky's viral theory of investment bubbles. Yudkowsky states that the bad investment during bubbles should be felt before the bubble pops, not after. They argue that his perspective—while clever—fails to consider the Austrian insights on capital structure, time preference, and the business cycle. They use analogies from apple trees to magic mushrooms to show why Austrian economics provides the clearest explanation for booms, busts, and the pain that follows.Eliezer Yudkowsky's Theory on Investment Bubbles: Mises.org/HAP520aBob's Article "Correcting Yudkowsky on the Boom": Mises.org/HAP520bBob's on The Importance of Capital Theory: Mises.org/HAP520cJoe Salerno on Austrian Business Cycle Theory: Mises.org/HAP520dDr. Newman's QJAE Article on Credit Cycles: Mises.org/HAP520eThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree

Mark Thornton returns as a guest on the Liberty and Finance podcast with Dunagun Kaiser to walk through Ludwig von Mises's three stages of inflation, and why today's mix of towering deficits and money printing puts the US on the on-ramp to hyperinflation. Mark also connects sanctions and tariffs to global de-dollarization, explains why central banks are swapping Treasuries for gold, and breaks down his gold-to-silver trade. The conversation ranges from “black swans” to state-level sound-money moves, and closes with practical steps.Additional ResourcesVisit Liberty and Finance at https://libertyandfinance.com"Black Swans, Sequestered Capital, and the Next Bust” (Minor Issues): https://mises.org/MI_137Donate $5 today to support the Mises Institute's Fall Campaign and receive a physical copy of Hayek for the 21st Century: https://mises.org/mi25A special bonus offer for Minor Issues listeners: donate to the Mises Institute's Fall Campaign and receive a signed copy of Free Trade in the 21st Century: https://mises.org/mi25Be sure to follow Minor Issues at https://Mises.org/MinorIssues

On the latest episode of Minor Issues, Mark Thornton argues that “black swans” aren't root causes but announcement effects of imbalances created by the Fed's cheap-credit booms. He highlights Ball State economist James McLure's idea of sequestered capital—R&D, financial innovations, and opaque private assets shielded from public information—which proliferate under artificially low rates. From the Dutch Tulip Bubble and 1929 investment trusts to today's candidates—hedge-fund private deals, AI data centers, commercial real estate, and crypto—the pattern is the same: policy-driven credit expansion seeds the very “unknowns” that later trigger crises. The fix isn't more regulation; it's removing the fuel line of easy money.See also "Sequestered Capital: An Overlooked Lacuna in the Capital Structure” by James McClure: https://mises.org/MI_137_AThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/IssuesFreeBe sure to follow Minor Issues at https://Mises.org/MinorIssues

On the latest episode of Minor Issues, Mark Thornton takes a provocative look at America's path toward hyperinflation. Mark walks through Mises's three stages of inflation, contending the US is moving from complacency to active flight from cash, and he ties today's risks to sanctions policy, BRICS efforts to bypass SWIFT with gold-leaning systems, and foreign central banks rotating from Treasuries into gold. At home, Mark sees households hedging with real estate, older savers turning to precious metals, and younger investors to crypto: classic signs of eroding demand for dollars.Additional Resources"The Gold-Silver Ratio” (Minor Issues Podcast, Episode 119) : https://mises.org/MI_119"Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System" by Mark Thornton (Book review, Quarterly Journal of Austrian Economics): https://mises.org/MI_136_A"Exorbitant Privilege Gained and Lost: Fiscal Implications” by Zefeng Chen, Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh, and Mindy Xiaolan (Journal of Political Economy): https://mises.org/MI_136_BThe Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at https://mises.org/IssuesFreeBe sure to follow Minor Issues at https://Mises.org/MinorIssues

The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.Original article: https://mises.org/mises-wire/do-financial-markets-operate-upon-superior-knowledge

The Efficient Market Hypothesis claims that financial markets process information immediately and correctly. However, since the EMH is based upon unrealistic assumptions, we also have to question the efficacy of this hypothesis, especially when central banks intervene in the markets.Original article: https://mises.org/mises-wire/do-financial-markets-operate-upon-superior-knowledge

A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.Original article: https://mises.org/mises-wire/why-recessions-are-not-about-declining-gdp

A recession is defined by negative economic activity over several months with an accompanying decline in GDP. However, given the actual makeup of GDP, it is inaccurate to directly tie recessions to GDP at all.Original article: https://mises.org/mises-wire/why-recessions-are-not-about-declining-gdp

On this episode of Minor Issues, Mark Thornton unpacks the unfolding economic crisis through the lens of Ludwig von Mises's “crack-up boom.” With inflation accelerating, deficits ballooning, and the Fed's credibility fading, Mark outlines how reckless monetary policy and unsustainable government spending are setting the stage for stagflation—or worse. From gold's surge to the dollar's decline, he connects today's market signals to Mises's dire warnings about monetary collapse, offering a sobering look at what may lie ahead for the US economy.Additional Resources"Trump (Again) Demands More Easy Money To Help Fund Even Bigger Deficits" by Ryan McMaken: https://mises.org/MI_125_A"Interest Rates Rise Again as Treasury Auction Comes Up Short" by Ryan McMaken: https://mises.org/MI_125_B"Powell, Trump, and the Austrian Business Cycle Time Bomb" (Minor Issues, Ep. 118): https://mises.org/MI_118 "Prospects for Hyperinflation" (Minor Issues, Ep. 116): https://mises.org/MI_116"Are Economic Crises and Crashes Inevitable?" (Minor Issues, Ep. 112): https://mises.org/MI_112"The Precarious State of the American Economy" (Minor Issues, Ep. 111, with Scott Horton): https://mises.org/MI_111How Inflation Destroys Civilization by Guido Hülsmann: https://mises.org/InflationDestroysLudwig von Mises on Money and Inflation, edited by Bettina Bien Greaves: https://mises.org/MI_125_CThe Inflation Crisis and How to Resolve It by Henry Hazlitt: https://mises.org/MI_125_DRegister for the 2025 Mises Institute Supporters Summit in Delray Beach, Florida, October 16–18: https://mises.org/ss25

Real estate investor and Mises Institute contributor Artis Shepherd joins Ryan to talk about how our stagnating economy is affecting multifamily housing and other commercial real estate. Banks and investors are using "extend and pretend" tactics to cover up the true state of the industry. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

Real estate investor and Mises Institute contributor Artis Shepherd joins Ryan to talk about how our stagnating economy is affecting multifamily housing and other commercial real estate. Banks and investors are using "extend and pretend" tactics to cover up the true state of the industry. Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.Original article: The Political Business Cycle 50 Years Later

William Nordhaus coined the term “Political Business Cycle” a half-century ago. The idea was that government authorities, particularly the central bank, would manipulate the economy to correspond with election cycles, a practice that continues to this day.Original article: The Political Business Cycle 50 Years Later

Going over first round booms and busts

In this episode, Mark Thornton explores the looming threat of hyperinflation in the US. With the national debt soaring past $33 trillion and future obligations exceeding $100 trillion, can America avoid a financial crisis where prices skyrocket out of control?Mark examines historical hyperinflations in leading economies like France and Germany, and how excessive government spending and debt played a role. Drawing on the insights of Ludwig von Mises, Mark dissects the three phases of inflation and what happens when the public loses faith in holding money.Is hyperinflation merely an accounting problem, or does it portend economic ruin and societal breakdown? Tune in to find out, and to explore the potential consequences for our future.Additional Resources“Hyperinflation, Money Demand, and the Crack-Up Boom” by Thorsten Polleit: mises.org/MI_116_A"Hyperinflation and the Destruction of Human Personality” by Joseph T. Salerno: mises.org/MI_116_BFurther Readings on Hyperinflation (Oxford University Mises Society): mises.org/MI_116_CEconomic Policy: Thoughts for Today and Tomorrow by Ludwig von Mises: mises.org/MI_116_DThe Theory of Money and Credit by Ludwig von Mises: mises.org/MI_116_EJoin us May 15-17, 2025, at the Mises Institute for our Revisionist History of War Conference. This is our first history conference in almost 30 years. For more details and to register, visit https://Mises.org/rhw.Be sure to follow Minor Issues at Mises.org/MinorIssues

In this episode recorded in 2024, Tradd Bastian shares his experiences navigating two major real estate market shifts: the 2008–2012 downturn and the 2020–2024 boom. He talks about the challenges of the downturn, including the wave of foreclosures and short sales, and how he managed to stay in the game while many others left the industry. Tradd also discusses how he adapted during the pandemic when many expected a market crash, only to see a fast-paced seller's market emerge instead. He explains the struggles of buyers in a market with low inventory and bidding wars, and how he helped his clients succeed in that environment. Tradd also reflects on how real estate agents who joined the industry after 2013 had different experiences, and the long-term impact of trends like remote work. This episode provides valuable insights into the changing dynamics of real estate and how Tradd learned from his experiences to better serve his clients.

Economic crises don't just happen—they follow a predictable pattern of boom, bubble, and bust. In this episode, Mark Thornton exposes the true cause of economic crashes: government intervention in money and banking. From the Dutch Tulip Bubble to the Great Depression and beyond, Mark traces how central banks, inflationary policies, and reckless government spending set the stage for financial collapses. Mainstream economists blame "animal spirits," psychological instability, or capitalism itself, but what if the real culprits are the very institutions claiming to prevent crises? Tune in to uncover the truth behind booms, busts, and the destructive cycle of intervention.Additional ResourcesPlaying with Fire: Money, Banking, and the Federal Reserve: Mises.org/FireEarly Speculative Bubbles and Increases in the Supply of Money by Doug French: Mises.org/BubblesThe Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: Mises.org/CurseBe sure to follow Minor Issues at Mises.org/MinorIssues

Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out, however, Ludwig von Mises eloquently explained why inflation undermines the free market economy.Original article: The Inflationist View of History

Perhaps John Maynard Keynes' best con job was convincing people that a growing economy needs inflation, lots of inflation. As David Gordon points out, however, Ludwig von Mises eloquently explained why inflation undermines the free market economy.Original article: The Inflationist View of History

One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful as inflation. However, as Austrians point out, there is no “optimum” amount of money in the economy, since prices adjust.Original article: Should Central Banks Accommodate Increases in Demand for Money?

One of the fallacies pushed by monetary economists is that a growing economy needs a growing supply of money in order to prevent deflation, which they claim is as harmful as inflation. However, as Austrians point out, there is no “optimum” amount of money in the economy, since prices adjust.Original article: Should Central Banks Accommodate Increases in Demand for Money?

In replying to a previous article by Frank Shostak, Douglas French writes that if an increase in the supply of gold ultimately leads to an expansion of bank credit, that is enough to start the boom-and-bust cycles, even if there is no central bank to accelerate the process.Original article: A Reply to Shostak: Can Increases in the Gold Supply Cause a Business Cycle?

Mary Danielsen welcomes back Britt Gillette and his wealth of knowledge about all things economic. Today's system that seems to be held together with duct tape reminds me of the children's nursery rhyme that says, "when the bough breaks..." - and then spells out the end quite clearly. Considering that the economy now global impacts us all on earth, what might 2025 bring? The last couple years have seen threats of bank closures and the cancelling of accounts of those the globalists don't like, namely, conservatives and Christians. Alarming enough, but there is so much more going on, in particular the over-valuation of the stock market. We will rely on Britt to help us sort that out, along with the real estate market, Asian economics and their stock markets, and how AI will affect the economy in the next several years. According to the IMF, AI is a game changer for labor in particular, but also how considerable funds will be poured into the global markets from everything tech. A complex subject made easier by Britt Gillette, because while most of us rely on our pocketbook to tell us things have gone haywire, we can also rely on people with his expertise to help us dig deeper. His extensive YouTube channel can be found here.   Stand Up For The Truth Videos: https://rumble.com/user/CTRNOnline & https://www.youtube.com/channel/UCgQQSvKiMcglId7oGc5c46A

Mary Danielsen welcomes back Britt Gillette and his wealth of knowledge about all things economic. Today's system that seems to be held together with duct tape reminds me of the children's nursery rhyme that says, "when the bough breaks..." - and then spells out the end quite clearly. Considering that the economy now global impacts us all on earth, what might 2025 bring? The last couple years have seen threats of bank closures and the cancelling of accounts of those the globalists don't like, namely, conservatives and Christians. Alarming enough, but there is so much more going on, in particular the over-valuation of the stock market. We will rely on Britt to help us sort that out, along with the real estate market, Asian economics and their stock markets, and how AI will affect the economy in the next several years. According to the IMF, AI is a game changer for labor in particular, but also how considerable funds will be poured into the global markets from everything tech. A complex subject made easier by Britt Gillette, because while most of us rely on our pocketbook to tell us things have gone haywire, we can also rely on people with his expertise to help us dig deeper. His extensive YouTube channel can be found here.   Stand Up For The Truth Videos: https://rumble.com/user/CTRNOnline & https://www.youtube.com/channel/UCgQQSvKiMcglId7oGc5c46A

A central doctrine of the Keynesian system is the “liquidity trap” in which consumers hold money in anticipation of higher interest rates. The act of holding money allegedly promotes “underconsumption,” continuing the economic downturn. This doctrine, however, cannot withstand scrutiny.Original article: The Keynesian Liquidity Trap Fable

The Federal Reserve says it can manipulate the money supply to ensure “price stability.” This worsens the boom-bust cycles and undermines the economy.Original article: The Fed's “Price Stability” Schemes Sow Economic Chaos

Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard, on the other hand, said as long as gold is money and there is no fiduciary media, such a scenario was not possible.Original article: Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle?

Can an increase in the supply of gold cause a boom-bust cycle? Mises believed it was theoretically possible but highly unlikely. Rothbard, on the other hand, said as long as gold is money and there is no fiduciary media, such a scenario was not possible.Original article: Could an Increase in the Supply of Gold Cause a Boom-Bust Cycle?

In Episode 207 of the Footballguys Fantasy Football Show, Dave Kluge and Alfredo Brown discuss some polarizing players in their rankings as we head into Week 15 of the NFL fantasy football season.  Send your questions to fantasyshow@footballguys.com  

For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today.Original article: Markets Made of Glass—How the Fed Destroyed Economic Resilience

For nearly 30 years, the Fed has pursued an easy-money policy that has made the economy increasingly dependent upon the next round of “stimulus.” Reversing that policy will mean, at least in the short run, a stiff recession before the economy rebounds, which is a non-starter today.Original article: Markets Made of Glass—How the Fed Destroyed Economic Resilience

As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

Join Alex The Fantasy Football Hustler, & the Crew for this Elevated Sports Talk. Monday is here and its time to talk about the winners and losers for the week as well as our Monday Night Miracles. Fantasy Football Guru Shares WEEK 12 BOOMS AND BUSTS!Follow Alex the 420 Fantasy Hustler on all platforms!

On this episode of Radio Rothbard, Jonathan Newman joins Ryan McMaken and Tho Bishop to discuss the Mises Institute's new documentary, Playing With Fire: Money, Banking, and the Federal Reserve, and respond to some friendly critics about the continuing importance of Austrian Business Cycle Theory in the modern financial world."A Modest Proposal to End Fed Independence" by Joseph T. Salerno: https://mises.org/RR_210_A"Who Starts Business Cycles? Banks or the Fed?" by Jonathan Newman: https://mises.org/RR_210_B"The Federal Reserve and the Regime Are One and the Same" by Ryan McMaken: https://mises.org/RR_210_C"Playing With Fire – a Very Disappointing and Factually Incorrect Mises Article on Money" by Mike Shedlock: https://mises.org/RR_210_D"The Role of Shadow Banking in the Business Cycle" by Arkadiusz Sieroń: https://mises.org/RR_210_EAnatomy of the State by Murray Rothbard: https://mises.org/AnatomyGet free copies of What Has Government Done to Our Money? at https://Mises.org/RothPodFREEBe sure to follow Radio Rothbard at https://Mises.org/RadioRothbardRadio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug PROMO CODE: RothPod for 20% off

As monetary authorities continue to inflate the money supply, they inflict more and more damage upon the currency. Unfortunately, as the economy falters under the inflationary regime, the “solution” always is to ramp up inflation. Original article: The Present Monetary System Is Heading for a Breakdown

Banking systems around the world have huge effects on our lives, yet few people understand how banks work. Worse yet, even fewer understand the malign powers of central banks and how this system undermines economies. Thus, it is important to demystify these systems.Original article: Understanding the Basics of Modern Banking