Fiat Inflationary Nightmare: How to Reform the Financial System

Fiat Inflationary Nightmare: How to Reform the Financial System

From Minor Issues by Mark Thornton

February 28, 2026 · Episode 135

About this episode

Mark Thornton discusses the US economy and proposes reforms for a sound financial system.

On this episode of Minor Issues, Mark Thornton appears on Reinvent Money with Paul Buitink for a “state of the system” conversation. Mark breaks down the US economy as an “everything bubble,” explains what’s really behind the trade deficit and the dollar’s reserve status, and grades Trump’s first-year economic agenda. He closes with a practical Austrian roadmap toward sound money: real savings, capital accumulation, and removing tax penalties on interest, dividends, and long-term gains. The original episode is available at https://www.youtube.com/watch?v=mgqsHCQxSrw Order a free paperback copy of Hayek for the 21st Century by F. A. Hayek: https://mises.org/Hayek21 Purchase a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler Be sure to follow Minor Issues at https://Mises.org/MinorIssues

People in this episode

Host: Mark Thornton

Guest: Paul Buitink

Topics covered

  • US economy
  • trade deficit
  • dollar reserve status
  • Austrian economics
  • financial reform
  • sound money

Keywords

  • inflation
  • economic agenda
  • capital accumulation
  • tax penalties
  • real savings
  • everything bubble

Mentioned in this episode

Organizations: Hayek for the 21st Century, Mises, Reinvent Money, Mises.org

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