5/25/22 Mark Thornton on Paper Money, Housing Bubbles and Free Trade

Scott Horton Show - Just the Interviews

Scott Horton

News, Politics

4.8 • 989 Ratings

🗓️ 31 May 2022

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Scott is joined by Mark Thornton, Senior Fellow at the Mises Institute, to discuss an article he wrote recently on the current housing bubble. They begin by discussing the damage that unbacked government-managed paper money does to the United States and the world. They relate that back to our current economic situation where we are feeling the effects of the enormous monetary expansion the Fed unleashed in 2020. Next, they turn to housing where Thornton, who was an early observer of the housing bubble that crashed in 2007, explains how that bubble has evolved into what we have today. Lastly, they discuss the virtues of free trade and the problems with government-run “free trade blocs.” Discussed on the show: “The Fed's Latest Housing Bubble” (Mises.org) “Housing: Too Good to Be True” (Mises.org) “Biden's Baby Formula Airlift Stunt Should Never Have Been Necessary” (Reason) Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider mises.org/events Mark Thornton is a senior fellow at the Mises Institute. His most recent book is The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century. Follow him on Twitter @DrMarkThornton This episode of the Scott Horton Show is sponsored by: The War State and Why The Vietnam War?, by Mike Swanson; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; EasyShip; Free Range Feeder; Thc Hemp Spot; Green Mill Supercritical; Bug-A-Salt and Listen and Think Audio. Shop Libertarian Institute merch or donate to the show through Patreon, PayPal or Bitcoin: 1DZBZNJrxUhQhEzgDh7k8JXHXRjYu5tZiG. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	All right, y'all welcome to the Scott Horton's show.
0:02.0	I'm the director of the Libertarian Institute.
0:09.0	I'm the director of the Libertarian Institute,
0:14.8	editorial director of anti-war.com.
0:17.6	Author of the book, Pools Arren,
0:19.6	time to end the war in Afghanistan,
0:21.6	and the brand new enough already. Time to end the war in Afghanistan and the brand new enough already time to end the war on
0:24.8	terrorism and I've recorded more than 5,500 interviews since 2003 almost all on
0:31.3	foreign policy and all available for you at
0:34.3	Scott Horton.org you can sign up the podcast feed there and the full interview
0:39.1	archive is also available at YouTube. YouTube. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . the Meeseus Institute Mises Institute, Mises.org and his latest book is
0:58.0	the skyscraper curse. Welcome back to the show how are you doing Mark? I'm doing great and it's great to be
1:05.9	back with you. So much has happened since we last talked and you know unfortunately the world is a very interesting place
1:15.8	way too interesting than it should be
1:19.4	because government I think is just gone crazy in every possible direction.
1:24.4	It sure does seem like that.
1:26.8	All right now, before we dig too far into this, I want to start with the thing I
1:31.6	think I try to always remember to say whenever I interview
1:34.8	one of you brilliant Austrian school guys about the boom bus cycle is I say something like this.
1:41.1	I say, hey listen, you don't have to be a libertarian.
1:44.6	Anyone listen to this show who's like a foreign policy person, maybe you don't like
1:48.5	libertarianism or whatever thing.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Scott Horton, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Scott Horton and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.