What is the future of the world's economy? Is it a digital currency and all the problems that come with that? Or is there a better option? Joining us today is Chris Brady (chrisbrady.com), Founder and CEO of Life Platform. He lends his cryptocurrency experience, looking at the benefits of Bitcoin and the dangers of a digital currency, especially the tracking aspect and the programmability standards. He and John also discuss central banks and the inevitable rollout of debt to create digital currencies. Chris also answers the question: is Russia end running sanctions by investing in crypto?
Politicos have mismanaged our economy for years leading us to the paradigm shift we're experiencing today. Now they're trying to offload responsibility but also use this mess to continue their agenda. John opens the program this week continuing his analysis of how we got here. He reviews what President Trump did to repair our economy and how President Biden has undone all of that. The world runs on oil, but there are forces – namely the climate alarmists – that have always advocated for getting us off of oil by taxing it, thereby hurting the poor and middle class. They and the politicos have slowly enacted their plans over the years, leading us to where we are today.
People are beginning to awaken from their slumber when it comes to these plans. The emperor is quickly disrobing and all the cards are now on the table. Joining us today is Christopher Bedford (rightforge.com), Chief Communications Officer at RightForge. Globalists are using our current crises to accelerate their Great Reset plans, but as they do, average everyday folks are waking up. Issues and relationships once thought unimportant are suddenly found to be vital. There's a battle brewing between the resetters and the reformers as we race into an unknown future.
There has been a new set of sanctions against the Russian government for their role in Ukraine. But could there be unforeseen consequences to these new sanctions? With us to discuss is Tho Bishop (mises.org), Assistant Editor of the Mises Wire at the Mises Institute. He shows how politicians are largely ignorant about economics, putting politics over sound policy. He also looks at the very real possibility that the sanctions process being used against Putin right now may soon be used against ‘domestic terrorists' in America.
We finish this week's program with an incredible update from our correspondent in Ukraine, Reuben Johnson. We had feared the worst after not hearing from him for weeks, but he's back and he tells us what he experienced trying to leave Ukraine and how the Russian soldiers feel about the war they're fighting.
Last week John gave a history as to how we arrived at our current state in the economy and with the dollar. Today, John continues that historical account, reviewing what President Trump did to repair our economy and how President Biden has undone all of that, causing us to be dependent on autocracies for oil and giving Russia economic advantages that the world would rather it not have. John points out the world runs on oil, but there are forces – namely the climate alarmists – that have always advocated for getting us off of oil by taxing it, thereby eroding our economy, hurting the poor and middle class, and lining their own pockets. They've slowly enacted their plan over the years, leading us to where we are today.
There are two characteristics that are emerging on the global stage covering a panoply of issues. John flies solo to open the program this week, identifying these two issues as eroding confidence in our public officials and their tendency to enforce rules and regulations arbitrarily. He gives a few examples in the world economy where these issues are causing substantial erosion. He then goes on to give the history of the dollar as the world's reserve currency, describing the many sleights of hand used to manipulate and weaponize the dollar over the last 75 years. The result is the economic mess we find ourselves in today.
Cancel culture is pervasive today, not just in economics, but across all aspects of society. How did it get to this point and is there a way to stop it? Joining us today is Mark Bauerlein (firstthings.com), Senior Editor at First Things and Professor Emeritus of English at Emory University. He shows how the younger generations are learning this canceling behavior, both online and in schools, parlaying that on to college campuses and then into the workplace. Many Christian denominations have fallen prey to this as well. But if enough people stand up, call it out, and reject it, we can put a stop to it.
What is the advantage of an armed citizenry? Finishing out the program this week is Brandon Smith (alt-market.us), Founder of the Alternative Market Project. He looks at the advantage the U.S. has in having an armed citizenry, including the importance of the Second Amendment. No one has ever invaded America, most likely because we have millions of armed citizens. He also advocates for bringing back a well-regulated militia – a controversial idea to the left but an important one to discuss.
Most everyone can see that we are suffering from rising inflation and the possible endgame of the dollar as the world's reserve currency. How did it come to this? John flies solo today, looking at our economic situation. There are two underlying issues that cause most of our problems today, including those in the financial realm: eroding confidence in our public officials and their tendency to enforce (or choice not to enforce) rules and regulations arbitrarily. With those two things in mind, John recalls the history of the dollar as the world's reserve currency, from Bretton Woods in the 1940s to our current inflationary status today. He shows every step along the way and where we're likely to go from here.
John tells us every day that Steel on Steel focuses on economics, politics, and religion. Today, we welcome the Director of Jihad Watch, Robert Spencer (jihadwatch.org) to the podcast, to discuss how all three of those issues are immersed in global dysfunction. He looks at the surging reliance on digital currency platforms, the moving away from the dollar, how bad policies by the Biden administration are projecting weakness to the world, and the nature of jihad and Christian persecution around the world.
Given the policies that the current administration has put in place, it's not a shock that inflation is picking up. But some in government and the media are telling us it's not a problem. First up this week is Bruce Yandle (mercatus.org), Distinguished Adjunct Fellow at the Mercatus Center at George Mason University. He draws on his previous experience at the top of the Federal Trade Commission to predict when our economic tipping point will be if we don't fix things now. He also shows us what a Bruce Yandle-led Federal Reserve would do to solve the problem.
The Democrat Party is the party in charge right now, causing this inflation. But prior to our last election, several political forecasters were betting the party would soon come to an end. Is that prediction still valid after the election? Bob Adelmann (thenewamerican.com), retired entrepreneur and conservative columnist, is here to answer that. He describes why the party would disappear in a few years and gives an early prediction as to how the 2022 midterm elections will turn out for both houses of Congress.
Finally this week, we take a look at why the catchphrase ‘Build Back Better' is an empty slogan that's actually accomplishing nothing. Joining us is Seton Motley (lessgovernment.org), Founder and President of the group Less Government. He looks at how everything fits together from our supply chain issues to China's rise after the fall of the Soviet Union to Chinese influence in our college education system. He finishes up weighing in on the future of pandemic-related issues in this country.
Despite what some in government, and by extension the media, are telling you, inflation is a problem and it won't go away soon given the path we're on. Here today to discuss is Bruce Yandle (mercatus.org), Distinguished Adjunct Fellow at the Mercatus Center at George Mason University. He predicts when the tipping point will be in our economy if things don't change. Eventually, not only will our debt crush us, but even the interest on the debt will become too much. What does our economy look like? He likens it to Frankenstein's monster – stitched together, unpredictable, and one that may eventually turn on us. He also gives us what he would do if he were in charge of the Federal Reserve.
Has America learned anything since the attacks on September 11, 2001? The globalists were at work 20 years ago. What are they up to today? We welcome back to the program Pat Wood (citizensforfreespeech.org), Founder and Executive Director of Citizens for Free Speech and Founder of Technocracy News. He looks at the sustainable development plans of the globalists, which are the same now as back then, only now they are armed with artificial intelligence and higher computing power. He also discusses biometrics, the Trilateral Commission, social engineering, and of course technocracy.
The globalists are also waging war on the economic front, using the International Monetary Fund (IMF) as their general. Back with us this week is Alex Newman (thenewamerican.com), Senior Editor at The New American magazine. He examines the IMF’s plan to issue ‘special drawing rights’ that will redistribute America’s wealth and replace the dollar as the world’s reserve currency. Does this sound surprising? It should since no one in the media is talking about it. Can we stop this high-tech theft or is it too late?
Finally this week we look at the concept of inequality and the leftists’ idealistic and unrealistic definition of it. Joining us to discuss this is James Rogers (lawliberty.org), Associate Professor of Political Science at Texas A&M University. Are the rich evil like the left says, or do they offer employment, fund charities that help the poor, and keep the economy humming? The core issue with the leftists’ inequality problem is that those shouting the loudest do the least amount of work to solve it.
The International Monetary Fund (IMF) is planning to issue 'special drawing rights' that will redistribute America's remaining wealth and replace the dollar as the world's reserve currency. What is this all about? Back with us today to explain is Alex Newman (thenewamerican.com), Senior Editor at The New American magazine. This is a heist, he tells us, and unfortunately no one in America knows about it because no one in the media is talking about it. Is it too late to do anything to stop it? If not, what then do we do?