Economic Collapse

Bruce Yandle: Frankenstein Economy

Broadcast Running Time: 23:07

John Loeffler

October 25, 2021

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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.

There are those who believe that the virus doesn't exist and the vaccine is a bio-weapon. That there will be a massive problem for those who were vaccinated beginning later this year. We may not agree with everything those folks are saying, but John has always been willing to give them the freedom to express their views. So today, we welcome self-proclaimed anarchist, retired financial advisor Gary Barnett (garybarnett.com), to the show. He gives his views on how the recent cyber attacks were a test run for more hazardous disruptions, and how the messenger RNA vaccines are not what has been advertised. He looks at where we're headed and why the powers that be would mislead us about the virus and the vaccines.

We are all doomed by 2030. No, I mean 2052. Wait a minute….2070?? Why do the goal posts on climate change's ultimate 'change-or-we-all-perish' date keep moving? Joining us today is Aaron Brown (reason.com), Statistics Instructor at NYU, who looks behind the panic to determine what's really going on. The prevailing focus seems to be on human-caused warming to the detriment of all other studies that say the opposite. This evokes a moral response and feeds the panic that it's all over in 12 years or so. John finishes out the podcast, calling on Professor Brown's statistical and financial knowledge, to ask about interest rates and inflation. Are we having 1970s déjà vu?