Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.

Original article: https://mises.org/wire/argentinian-zombie-currency

Narrated by Millian Quinteros.

Audio Mises Wire

The Argentinian Zombie Currency | Octavio Bermudez

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: https://mises.org/MI_116_A

“Hyperinflation and the Destruction of Human Personality” by Joseph T. Salerno: https://mises.org/MI_116_B

Further Readings on Hyperinflation (Oxford University Mises Society): https://mises.org/MI_116_C

Economic Policy: Thoughts for Today and Tomorrow by Ludwig von Mises: https://mises.org/MI_116_D

The Theory of Money and Credit by Ludwig von Mises: https://mises.org/MI_116_E

Join 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 https://Mises.org/MinorIssues

Prospects for Hyperinflation

President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?

Read the article here: https://mises.org/mises-wire/stop-all-federal-funding-universities

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Stop All Federal Funding of Universities

James Bovard joins host Ryan McMaken to talk about how the White House went from targeting illegal aliens to seizing legal residents guilty of the "crime" of criticizing the government of the State of Israel. Do non-citizens have due-process rights? The Founding Fathers thought so.

Register for our Revisionist History of War Conference now at https://mises.org/rhw

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug 
PROMO CODE: RothPod for 20% off

Why Did Trump Arrest a Student for Writing an Op-Ed?

Trump has tried to claim that he favors "Main Street over Wall Street." Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself squarely in the camp of “Wall Street over Main Street.”

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Trump's Monetary Policy Favors the Wealthy over Ordinary People

The first 100 days of the second Trump administration have made it clear that those who want the foreign policy status quo to continue are serious about doing what it takes to accomplish their goals, while those who want to change it are not.

Read the article here: https://mises.org/mises-wire/trump-administration-not-serious-about-ending-endless-wars

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

Be sure to follow the Guns and Butter podcast at Mises.org/GB

The Trump Administration Is Not Serious About Ending Endless Wars

Historian Chris Calton joins Ryan McMaken to discuss both the upsides and the downsides of Trump’s first 100 days. 

Register for our Revisionist History of War Conference now at https://mises.org/rhw

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug 
PROMO CODE: RothPod for 20% off

Trump’s First 100 Days: The Good and the Bad

Is President Trump right about interest rates? Is Fed Chairman Jay Powell making a mistake? Forget the mainstream media talking points. Mark Thornton cuts through the noise to explore the real economic threats facing America. 

In this episode, Mark dissects how the Fed's monetary policies, not just Trump's tariffs, have created a dangerous Austrian Business Cycle time bomb. Will Powell's rate cuts save the day, or is a recession inevitable? Mark examines key sectors of the S&P 500 to reveal the truth and predict what's coming next.

Join us May 15-17, 2025, at the Mises Institute in Auburn, Alabama, for our Revisionist History of War Conference. This is our first history conference in almost thirty years. For more details and to register, visit https://Mises.org/rhw.

Be sure to follow Minor Issues at Mises.org/MinorIssues

Powell, Trump, and the Austrian Business Cycle Time Bomb

If a politician claims that he cares about the national debt, but then won't make big cuts to current federal spending, he's either a liar or a fool. 

Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

Want to Pay Down the National Debt? First, Cut Federal Spending

With the deadline for obtaining the federal government‘s Real ID technically upon us, it‘s important to understand that this is not an irritating but necessary program to keep Americans safe. It's the latest example of the government using 9/11 as an excuse to grab more power.

Read the article here: https://mises.org/mises-wire/real-id-not-about-keeping-you-safe

The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook

Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Real ID Is Not About Keeping You Safe

California economist and resident/victim William Anderson joins us to talk about the absurdity of California’s bullet train plan, and how it ignores economic realities. 

Register for our Revisionist History of War Conference now at https://mises.org/rhw

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard

Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug 
PROMO CODE: RothPod for 20% off

California’s Bullet-Train Delusion

The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.

The Argentinian Zombie Currency | Octavio Bermudez

Mises Institute

Related tracks