The Boom Bust Cycle And The Federal Reserve

Austrian Economics • Dec 20, 2025 at 7:55 AM EST

We discuss the state of the economy, the boom-bust cycle, and why anybody—left, right, and center—who cares about the wellbeing of the working class needs to oppose the existence of the Federal Reserve.

Free illustrations of Bad

Image Source: Pixabay

Mark Thornton joins Scott Horton to discuss the state of the economy, the boom-bust cycle, and why anybody—left, right, and center—who cares about the wellbeing of the working class needs to oppose the existence of the Federal Reserve.

Video Length: 00:55:58

More By This Author:

Inflation And The Intergenerational Housing Rivalry
The Next Economic Downturn Will Be Here Soon Enough
Money Remains A Medium Of Exchange And Is Not A Series Of Data Points

Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Comments

Back to all articles

More from this Author

Do Markets Ever Reach Equilibrium?

Zimbabwe Has No Long Money

AI: The Ominous Opportunity