Cover art for Minor Issues

Printability Matters

Minor Issues

Published
August 29, 2026
Summary source
description
Last updated
Sep 13, 2026

Discusses Mark Thornton opens with a warning from Jackson Hole: the Fed’s public mandate is a cover story. Its…

Summary

Mark Thornton opens with a warning from Jackson Hole: the Fed’s public mandate is a cover story. Its real job is to serve the big banks and the state by keeping deficits, debt, and financial markets afloat through the power of printability. New programs, wars, bailouts, and political promises all become easier when the Fed can create money with keyboard e…

Intelligent Report

Sign in to read teasers, or upgrade to Research Pro to commission intelligent report for this episode. Learn more →

Show notes

Mark Thornton opens with a warning from Jackson Hole: the Fed’s public mandate is a cover story. Its real job is to serve the big banks and the state by keeping deficits, debt, and financial markets afloat through the power of printability. New programs, wars, bailouts, and political promises all become easier when the Fed can create money with keyboard entries, while consumers pay later through higher prices, unemployment, and crisis. On Side B, Thornton joins Wall Street Bullion to discuss gol