Succinct economic commentary by Dr. Mark Thornton, senior fellow at the Mises Institute. Mises.org/Thornton

Minor Issues

Mark Thornton takes a look at the recent GDP report and the layoff announcement at 3M and has some minor issues with both.

GDP and 3M

Are stock markets in full recovery mode, à la the Fed's Immaculate Disinflation, or is this just a counter-trend rally experienced in most bear markets?

The January Effect

Will the Federal Reserve be successful with its "Immaculate Disinflation"? Or, will we still have to "pay an even higher price" for their use of Weapons of Massive Monetary Destruction in 2020-21?

Recorded on February 3, 2023.

The Fed's Immaculate Disinflation

Mark Thornton discusses the history of record low unemployment rates and the business cycle.

See "Unemployment Rate" (UNRATE) from the Federal Reserve Bank of St. Louis: https://mises.org/MI_04_Chart

Recorded on February 6, 2023.

Record Low Unemployment Indicates Trouble Ahead

Mark Thornton looks at how much money Americans will spend on the Super Bowl this year and discusses the accuracy of the Super Bowl Stock Market Indicator.

Recorded on February 11, 2023.

The Super Bowl Indicator

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 Resources

Visit Liberty and Finance at https://libertyandfinance.com

“Black Swans, Sequestered Capital, and the Next Bust” (Minor Issues): https://mises.org/MI_137

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On the Hyperinflation On-Ramp

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