Mark Thornton

Mark Thornton, a Senior Fellow at the Mises Institute, dives into the troubling state of the American economy. He critiques the Federal Reserve’s reckless policies, arguing inflation is here to stay. The discussion covers the boom-bust cycle and escalating government debt, hinting that we might face an even bigger crisis ahead. Thornton also explores the impact of deregulation, the risk of a deep recession, and the potential consequences of current market conditions, drawing unsettling parallels to the 2008 housing crisis.

Mark Thornton, a senior fellow at the Mises Institute and expert in Austrian economics, discusses the precarious state of the American economy. He analyzes the interplay of interest rates and tariffs, predicting looming crises fueled by government spending during the pandemic. Thornton highlights the rise of 'zombie corporations' and the risks facing the real estate market reminiscent of the 2008 crisis. With pressing concerns about inflation and the Federal Reserve's policies, he advocates for reforms to stabilize the financial landscape.