Trump has tried to claim that he favors “Main Street over Wall Street.” Unfortunately, by pushing aggressive low-interest-rate monetary policy, Trump has put himself squarely in the camp of “Wall Street over Main Street.”
Politics
As Trump challenges Powell and the Fed’s authority, Dr. Joe Salerno joins Bob to dive into whether “central bank independence” really protects the economy—or just shields elite power.
While focusing on the Holocaust, people often forget the economic fallacies of the Third Reich. Hitler‘s policies were based upon socialism and state control, a no regime can prosper under those condition.
Dr. Gordon reviews Quinn Slobodian‘s latest book trashing the Austrians, especially Murray Rothbard. Not surprisingly, Slobodian shows little understanding of the Austrians and economic history.
James Bovard joins host Ryan McMaken to talk about how the White House went from targeting illegal aliens to seizing legal residents guilty of the “crime” of criticizing the government of the State of Israel.
It is often asserted without challenge that “life is like a race” and it wouldn‘t be a fair race without the same “starting-line.” While this analogy has some truth, it is largely fallacious and more than implies an ever-present state to provide “equal opportunity.”
Trump’s current drive for lower interest rates and more easy money is doing little or nothing to help the working-class and ordinary people Trump claims he is helping.
Sales of previously owned homes in March fell 5.9% from February to 4.02 million units. That’s the slowest March sales pace since 2009.
It’s a good start, but the Fed should never cut (or raise) rates at all. It should stop manipulating interest rates altogether. Anything else is just central planning.
Won’t make 2% NATO target. The American taxpayers in no way benefit from a military alliance with Italy. Time to leave NATO.