EPISODE · Nov 29, 2025
Contagion
from Minor Issues · host Mark Thornton
Mark Thornton dissects “contagion” hype and argues it’s not a market pathology. He shows why, in a free market, failures reallocate customers, labor, and capital to better firms rather than spread panic. Contagion appears only when government links balance sheets and distorts prices. Mark traces how credit booms set up busts, and why even the Fed now sits upside-down, while homeowners are “rate-locked” and supply is frozen. The takeaway: politicians and central bankers invoke "contagion" to demand more power and money, while their interventions cause the very fragility they decry.See also "Fight Inflation Now" (Minor Issues, episode 72): Mises.org/MI_72Be sure to follow Minor Issues at https://Mises.org/MinorIssues
NOW PLAYING
Contagion
No transcript for this episode yet
Similar Episodes
Feb 8, 2024 ·80m
Dec 14, 2023 ·48m
Nov 30, 2023 ·48m
Nov 10, 2023 ·50m
Oct 27, 2023 ·64m