China’s Inefficient and Unsustainable Central Planning
China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms.
China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms.
While the White House claims that inflation is losing steam, the truth is that unless the government changes its reckless monetary course, hyperinflation could be in our economic future.
Sen. Joe Manchin says he is retiring because of legislative divisions that keep Congress from finding political “solutions” to the nation’s problems. In truth, Congress is more united than the people they supposedly represent.
According to a Brown University professor, ExxonMobil threatens our democratic republic by purchasing another company. The totalitarian woke atmosphere in American higher education is the real threat.
Advocates of unbacked paper money claim that theirs is the “civilized” choice, as opposed to gold, or what Keynes called “that barbarous relic.” These inflationists, however, are the ones wrecking civilization as we have known it.
Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.
As the Biden administration ramps up new government spending—and budget deficits—to unheard-of peacetime levels, reality sets in. No economy and no currency can withstand this explosive assault for very long.
While the ruling elites and the Federal Reserve try to sell digital money as “modern” and “convenient,” it poses threats to financial privacy and civil liberties.
Recorded at the Mises Circle in Fort Myers, Florida, 4 November 2023.