About this episode
In this interview with Trey Reich, Mark Thornton explains why gold’s long-run trend is driven less by headlines and more by monetary debasement, and why Middle East conflict can perversely pressure gold in the short run by pushing oil higher and taking Fed rate cuts “off the board.” Mark walks through Austrian business cycle theory, the scale of malinvestment in private equity/credit and the AI boom, and why the Fed’s real priorities are debt-rollover finance and backstopping the banking system. He also discusses why CPI is a flawed policy guide, why the global monetary regime is shifting away from the dollar standard, and why gold and silver could move dramatically higher as the next credit break forces the Fed back into aggressive easing.
The original interview is available at https://www.youtube.com/watch?v=AlzCEchFNOY
Get every episode summarized
Each time Mises Media publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Mises Media
The Petrodollar Cracks, the Skyscraper Stalls, and the Commodity Firestorm
Mises Media
Where California Went Wrong
Mises Media
Hobbes’s State: “Why Are You Hitting Yourself?”
Mises Media
Unnatural Disasters: How the State Makes Wildfires Bigger and Deadlier
Mises Media