Over ten years ago, we predicted that, as the Federal government approached insolvency, the Federal Reserve would start printing money to monetize the government spending, and that that would give us sustained inflation in the 5% plus range. We saw the 5% plus inflation and, as the Fed fought it, we then saw interest rates skyrocket. Trillion dollar plus deficits are the new normal, Social Security is within a decade of becoming insolvent, and that will mean even more borrowing. It appears that people are just now becoming aware of the problem. Unfortunately, it's almost too late to do anything about it.
Foolishness of the Week: 07:46
Main episode: 14:20
Get Your Copy of Cooperation and Coercion Now!
http://www.cooperationandcoercion.com
See More Ant and James!
http://www.wordsandnumbers.org
Show Your Support for Words & Numbers at Patreon
https://www.patreon.com/wordsandnumbers
Quick Hits
https://www.youtube.com/antonydavies
https://www.marketwatch.com/story/moodys-cuts-outlook-on-u-s-credit-rating-to-negative-from-stable-4ede1b9b
Foolishness of the Week
https://news.yahoo.com/migrant-family-journeys-back-venezuela-202500695.html
Topic of the Week
Words & Numbers Backstage
https://www.facebook.com/groups/130029457649243/
More James at Smoke & Stories
https://www.youtube.com/playlist?list=PLjILow4-ZJpBV-NnmSusZJ_vCuzKUJ4Ig
More Ant on YouTube
https://www.youtube.com/antonydavies
Let Us Know What You Think
mailto:wordsandnumberspodcast@gmail.com
Antony Davies on Twitter
https://twitter.com/antonydavies
James R. Harrigan on Twitter
https://twitter.com/JamesRHarrigan
#AntonyDavies #JamesRHarrigan #WordsAndNumbers #economics #government #politics #policy #libertarian #classicalliberal #podcast #educational
Episode 382: The Value of College
Episode 381: $1 Trillion in Interest
Episode 380: Population Shrink
Episode 379: Of Millionaires and Homeless
Episode 378: The One Branch of Government
Episode 377: Real Estate Insider
Episode 376: Interest Rates Up, Down, or Sideways?
Episode 375: Google and FedEx Anger James
Episode 374: The Price of Baseball
Episode 373: FDA: Friend or Foe?
Episode 372: Where’s the Middle Class?
Episode 371: An Interview with Spike Cohen, pt. 2
Episode 370: An Interview with Spike Cohen, pt. 1
Episode 369: A One-Party System?
Episode 368: Hampden-Sydney College Q&A
Episode 367: Live from Hampden-Sydney College
Episode 366: What’s Up With the President?
Episode 365: Democracy Might Not Be a Good Thing
Episode 364: $34 Trillion
Episode 363: Labor and Marx
Create your
podcast in
minutes
It is Free
Navigating Life After 40
Teaching Learning Leading K-12
Regenerative Skills
The Jordan B. Peterson Podcast
The Mel Robbins Podcast