In this episode, Mark explains why we need a Crash (or very Hard) Landing in the US economy and the world economy. Specifically, why is a crash landing better to resolve the malinvestments caused by the Fed? Why is a crash landing better in many ways for the productive class of workers and savers? And, how would a crash landing place much of the pain and the overall burden on the rich, politically-connected classes?
Be sure to follow Minor Issues at https://Mises.org/MinorIssues.
Additional Resources
“The Fed’s Real Mandate”: https://Mises.org/Minor33A
“Black Hole or Shock Absorber: How Does a Free-Market Economy Respond to Crises?”: https://Mises.org/Minor33B
“The REAL Solution to the Coming Economic Crisis”: https://Mises.org/Minor33C
“Eliminating Economic Crises”: https://Mises.org/Minor33D
“Austerity: A Real Solution to Help Heal the US Economy”: https://Mises.org/Minor33E
“US Labor Market: Help Wanted!”: https://Mises.org/Minor33F
“After the Boom Must Come the Bust” (Radio Rothbard): https://Mises.org/Minor33G
“Here’s What Mounting Corporate Layoffs Tell Us about the Economy” (Radio Rothbard): https://Mises.org/Minor33H