Knowing Murray in the Early Years (1971–1972) and Why Rothbard and Rand Would Relish 2024: Beginning Collapse of Statism and Its Realities!
The Murray N. Rothbard Memorial Lecture. Sponsored by Steven and Cassandra Torello.
The Murray N. Rothbard Memorial Lecture. Sponsored by Steven and Cassandra Torello.
On this episode, Ryan and Tho are joined by Mark Thornton to debunk political talking points confusing the stock market with the real economy.
Stoked by ultra-loose monetary policy from the Federal Reserve, capital markets have been in a persistent bubble for several years.
The Fed-launched real estate bubble did not just create havoc in residential markets, but also has distorted the commercial real estate market, too. And it is getting worse.
In a recent interview with 60 Minutes, Fed chairman Jerome Powell gave assurances that the US banking system is sound. Ben Bernanke also claimed almost twenty years ago that real estate markets were not overextended. The hubris must be in the water at the Eccles Building.
Some economists believe that the balance of payments is what determines currency exchange rates. In fact, exchange rates are always about the purchasing power of some currencies relative to others.
In a recent interview with 60 Minutes, Fed chairman Jerome Powell gave assurances that the US banking system is sound. Ben Bernanke also claimed almost twenty years ago that real estate markets were not overextended. The hubris must be in the water at the Eccles Building.
Mark looks at the disconnect between the Fed, the stock market, and the Real Economy.
Bob highlights some of the key issues from his recent ZeroHedge debate, and explains why he thinks his side won.