Are Capital Markets Corrupt?

Hunter Hastings of Economics for Business joins Jeff for a thoroughgoing discussion of how monetary and fiscal policy distort capital markets and create perverse incentives for financialization rather than real production.

Jeff Deist, "Does M&A benefit the economy?": https://Mises.org/HAP373-A
Rothbard's America's Great Depression: https://Mises.org/AGD
The Economics for Business Podcast: https://Mises.org/E4Bpod

Find free books, daily articles, podcasts, lecture series, and everything about the Austrian School of economics, at https://Mises.org​​.

Twitter ► https://twitter.com/mises/
Facebook ► https://www.facebook.com/mises.institute/
Odysee ► https://odysee.com/@mises/
Instagram ► https://www.instagram.com/misesinstitute/
SoundCloud ► https://soundcloud.com/misesmedia/
Apple Podcasts ► https://podcasts.apple.com/us/artist/mises-institute/1280664810
Podcasts ► https://mises.org/library/audio-video/

00:00 Introduction
00:58 Are Capital Markets Useful?
09:09 Do Capital Markets Create Value for Consumers?
19:33 Overvaluation in the Stock Market
26:48 Private vs. Public Equity