12/5/25 Mark Thornton on the Boom Bust Cycle and the Federal Reserve
Scott Horton Show - Just the Interviews
Scott Horton
4.8 • 989 Ratings
🗓️ 11 December 2025
⏱️ 56 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Ladies and gentlemen of the press have been less than honest, reporting to the American people, what's going on in this country? |
| 0:11.0 | Because the babies are making it. |
| 0:13.0 | We're dealing with Hitler Revisited. |
| 0:15.0 | This is the Scott Horton Show, Libertarian Foreign Policy, mostly. |
| 0:21.7 | When the president doesn't, that means that it is not only... |
| 0:24.5 | We're going to take out seven countries in five years. |
| 0:27.0 | They don't know what the fuck they're doing. |
| 0:29.3 | Negotiate now. |
| 0:31.4 | End this war. |
| 0:33.5 | And now, here's your host, Scott Horton. |
| 0:39.3 | All right, you guys, introducing the great Mark Thornton from the Ludwig von Mises Institute. |
| 0:46.5 | He is senior fellow over there, which makes him really smart. |
| 0:51.2 | And the authoritative analyst on all things, boom and bust. Welcome back to the show. |
| 0:57.6 | So happy to have you, Mark. Hey, Scott. It's great to be back on your program. It's been a while, |
| 1:02.2 | but I've been looking forward to this. Yeah, cool. So we have so much to catch up on, |
| 1:07.5 | but I've got to say this, and I'm sorry to try your patience. I bet I've been saying |
| 1:11.1 | this for 20 years, that for all the people in my audience who lean however much left and right |
| 1:17.0 | and don't like libertarianism and don't think that we're right about everything, which you're |
| 1:20.8 | wrong about that, we are right about everything. But here's the thing that we're really, really |
| 1:25.1 | right about. Anti-imperialism, but also here's the other thing that we're really, really right about. And by we, I mean, this guy, and that is the boom-bust cycle. We've all lived through our whole lives. The economy's good. The economy sucks. The economy's good. The economy sucks. My friend's wife bought a bunch of houses to flip them, |
| 1:44.3 | oh, and she got stuck with them all. That was the first one in the 1980s when I was a kid. |
| 1:49.1 | My parents, friends, the wife, got stuck with a bunch of houses when the prices all went down. |
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