modern monetary theory

Christmas without a Christ, salvation without a savior, and redemption without repentance. Those things are not possible but that doesn't stop many people today from wanting them. John opens our Christmas show taking a look at the two things we are guaranteed to encounter in our lives: reality and God. Those aforementioned people are looking for solid rock truth, but in Marxism, which only traffics in false narratives and disingenuous "truth" claims. Christ, the reason for Christmas, is at odds with Marxism. One of them is true while the other is false. We all know which one wins that battle.

So why do young people so often look for truth in Marxism and socialism? Has it always been that way or is it specific to today's youth? Our first guest this week is Brandon Smith (alt-market.us), Founder of the Alternative Market Project. He posits that young people have grown up with little strife but the real world is, in their minds, too cruel when they grow up and encounter it. They turn then to socialism as a replacement parent. He discusses how different generations have handled this and what we can do moving forward.

Finally this week, we break out the crystal ball for some speculation and analysis of the future. There is much rumbling in Washington DC and around the country about the future of Kamala Harris in the White House. What will become of her? Back with us to gaze into that crystal ball is writer and retired entrepreneur Bob Adelmann (thenewamerican.com). He gives his theories on the Vice President, but also looks at geopolitics, economics, and mandates as we deal with a weak leadership in America.

Why do young people seem to fall in line with socialism so easily? Is it generational or is it specific to today's youth? Here today to answer these questions is Brandon Smith (alt-market.us), Founder of the Alternative Market Project. He looks at how young people have had it rather easy lately growing up but when they hit the real world, they become disillusioned with it and try to find the easiness they're used to. Socialism fills that parental hole in their lives. Brandon discusses the different generations and their response to and responsibility for inflation and other things. It's a fascinating conversation you don't want to miss.

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.

What Have We Learned Since 9/11?

Broadcast Running Time: 01:19:28

John Loeffler

September 11, 2021

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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.

John Loeffler

September 9, 2021

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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?

James Rogers: Obsession About Inequality

Broadcast Running Time: 21:00

John Loeffler

September 7, 2021

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Inequality is a buzzword around the woke campfire these days, but like most issues associated with wokedom, once you peel back the layers, the original argument falls apart.  Joining us today is James Rogers (lawliberty.org), Associate Professor of Political Science at Texas A&M University.  It's nice to shout that the poor aren't equal to the rich, but few people delve deeper to see that many rich people offer employment, fund charities that help the poor, and keep the economy chugging.  And the irony is, the same people who obsess the most about inequality and the poor are usually well-off individuals who never try and solve the problem.

You can't tax your way to prosperity, despite the repeated attempts to do so. Joining us today for a tax discussion is Julio Gonzalez (engineeredtaxservices.com), CEO of Engineered Tax Services. He looks at the new proposed Patriot Tax and the tendency for politicians on the Left to always turn to taxing the rich to solve society's problems. But the rich are never soaked, they offshore their money, and the middle class always ends up crumbling under the weight of these policies. No one can ever explain why the Left think the rich will pay, how they'll ever make the math work to fund their programs, and how any of it actually helps the poor. Will reality become so real that we actually get tax reform?

Every few months or so, we break out the crystal ball with esteemed futurist James Kunstler (kunstler.com), who is back with us today, to see where we're headed. James looks at the future of economics and culture, and how if we are expecting to live in an orderly society in the next several decades, we are mistaken. He examines the impending economic reset, debt forgiveness, and how the economic elites see the future versus how he sees it. He explores the future of cities and suburbs, realistically looking at today's realities to predict tomorrow's likelihoods. No one knows the future, but if he's proven correct, we need to be prepared for the tough times ahead.

Holy Land Against the World

Broadcast Running Time: 01:17:36

Israel is very much in the news right now but the media narratives are not matching the facts on the ground. We open our Israel focus this week with John's analysis of what's happening in Israel versus the spin you're getting from the news. He looks at the Temple Mount riots, the violence in East Jerusalem, and rocket attacks from Gaza into Israel and Israel's response.

We then move to an often-pushed narrative in the media and on college campuses that Israel is an apartheid state. Here this week is someone who has lived in both South Africa and Israel, Reverend Malcolm Hedding (www.malcolmhedding.com), Associate Minister of World Outreach Church. He describes what conditions were like for blacks living under apartheid and what life is like today for Palestinians in Israel and there is positively no comparison. He also looks at how social justice in Western schools has led to the Israel apartheid narrative.

The U.S. economy – along with that of the rest of the world – is on shaky ground at the moment. John and Carol round out the show this week with a Steel on Steel economic summit to make sense of what's going on. They look at the difference between monetary policy and fiscal policy and how for the first time in history, fiscal policy is winning out. All safety measures and accountability have been removed from the economy and the whole thing is being held together by confidence. Once that confidence erodes, the whole system collapses.

It's fair to say that the U.S. economy – along with that of the rest of the world – is on shaky ground at the moment. John and Carol sit down for a Steel on Steel economic summit today to make sense of what's going on. They play clips of economists and do their own analysis, making a dry topic easy to understand and interesting. They look at the difference between monetary policy and fiscal policy and how for the first time in history, fiscal policy is winning out. All the safety measures and accountability have been removed from the economy and the whole thing is being held together by confidence. Once the confidence erodes, the whole system collapses. How long can we keep playing this game?