Episode 84: Is a Recession Coming? Listen to the Austrians

Carlos and Bob discuss the views of some prominent economists on whether a recession is baked into the cake. Contrary to even free-market members of the Chicago School, the Austrians know it's not just a matter of money supply growth. During the boom, there were real malinvestments, and these must be liquidated in a bust.Mentioned in this episode and other links of interest:The Fortune article on Steve Hanke and his views about recession.Bob’s journal article with Ryan Griggs on the inverted yield curve and Austrian business cycle theory.“The Foundations of IBC” video series.John Exter and his pyramid asset analysis.Bob and Carlos' presentation, "How to Weather the Coming Financial Storms."Bob and Carlos’ book with Nelson, The Case for IBC.Their book, How Privatized Banking Really Works.The IBC Practitioner Finder.The audio production for this episode was provided by Podsworth Media.