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Why We Need a Crash Landing | Mark Thornton
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