Tho Bishop: Political Will vs. Economic Reality

Broadcast Running Time: 22:16

Will there be consequences to this onrush of economic sanctions against Russia?  Is politics overshadowing economics to the detriment of people worldwide?  Joining us today is Tho Bishop (mises.org), Assistant Editor of the Mises Wire at the Mises Institute.  He discusses how politicians here and in other countries are largely ignorant about economics, putting political righteousness over sound policy.  He also looks at the very real possibility that the sanctions process being used against Putin right now will most likely be used against ‘domestic terrorists’ in America soon.  Is there any way off this road to high inflation and economic destruction?  If there is, it won’t be on a political road.

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