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On the Hyperinflation On-Ramp
Episode 135

On the Hyperinflation On-Ramp

Minor Issues · Mises Institute

September 20, 2025

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Show Notes

Mark Thornton returns as a guest on the Liberty and Finance podcast with Dunagun Kaiser to walk through Ludwig von Mises’s three stages of inflation, and why today’s mix of towering deficits and money printing puts the US on the on-ramp to hyperinflation. Mark also connects sanctions and tariffs to global de-dollarization, explains why central banks are swapping Treasuries for gold, and breaks down his gold-to-silver trade. The conversation ranges from “black swans” to state-level sound-money moves, and closes with practical steps.

Additional Resources

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Topics

Booms and BustsU.S. Economy