594 days ago
Book author J.E.S argues that folks do not understand in any way how inflation is going to impoverish them. I agree/ All those who yakked on about Modern Monetary Theory two years ago, from Paul Mason through most of the BBC to Zak Mir, and urged even more money printing, should be on trial for financial crimes against humanity.
1230 days ago
Old Ron Paul, my ultimate libertarian hero, would be proud of his son today. Senator Rand gave a speech which tears apart the lunacy of Modern Monetary Theory, the money printing that is happening in the US and, on steroids, here in the UK. The left leaning mainstream media, notably, the ghastly and innumerate BBC, lavishes praise on Rishi Sunak for his wisdom in pursuing these policies, indeed the media and political classes enage in obvious GroupThink in supporting Sunak’s folly. The fourth estate needs to listen to Rand and then to challenge the Government rigorously. Of course it will not. MMT is madness. Senator Paul explains why, in language so simple even a BBC economics correspondent can understand it, and also has the real answers. Enjoy
