Universal Basic Income

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.