"Fiat Inflationary Nightmare" - How to Reform Financial System - Dr. Mark Thornton

Paul Buitink talks to Dr. Mark Thornton, Senior Fellow at the Ludwig von Mises Institute about Trump's economic policies. His tariffs are harmful, his deregulation efforts Mark is more positive about.

The high gold and silver prices signal that something is terribly wrong with the economy and the financial system. Mark explains the bubble will pop later this year he expects using the skyscraper curse analogy.

Mark explains why small government and sound money are better for average Americans. He details how we should reform the monetary system discussing ending the Fed, introducing gold savings account and room for crypto. It will be tough for many, but it's essential to restore America.

At the end Mark also gives his opinion on a potential conflict with Iran and interventionism in general.

More info about Mark, the Mises Institute and the books here:

https://x.com/DrMarkThorntonhttps://mises.org/Hayek:https://mises.org/hayek21https://mises.org/library/book/hayek-21st-century-essays-political-economy

Skycraper Curse:

https://mises.org/library/book/skyscraper-curse-and-how-austrian-economists-predicted-every-major-economic-crisis-last-centuryFollow Paul on X here:https://x.com/paulbuitinkTimestamps:

0:00 Intro and bio

4:41 The state of Austrian School economics

6:40 How would Mises grade Trump's policies

13:35 US trade deficit and the role of the dollar

18:35 The negative effects of big government

23:57 Mark's crisis forecast and the Skyscraper Curse

32:05 What rising gold and silver prices tell us.

35:28 How to reform the financial system

49:48 Interventionism and Iran

56:22 Outro