Posted on 09/05/2014 6:17:49 AM PDT by fredericbastiat1
An extensive interview with Steve Forbes on the gold standard, economics and America's future. We touch on topics including among others:
*The link between foreign policy/American strength and monetary policy
*How currency devaluation helps the financial sector to the detriment of the rest of the American economy [Starting at 3:00]
*The significance of a strong currency in enabling trade and thus trust, and social stability/morality
*Why the historical record of the gold standard should trump the arguments of its naysayers
*Whether politicians will ever be incentivized to truly support a sound dollar
*Why quantitative easing was more disastrous than the Obamacare rollout
*Forbes’ challenge to Keynesians like Paul Krugman who argue that free marketeers have been wrong in their forecast of economic doom
*What Steve Forbes’ gold standard would look like were he to replace Janet Yellen
*Much more
Is this the Steve Forbes who just sold his conglomerate to Chinese investors?
Just saying.
I completely agree with you, but first we need to start shipping US jobs overseas.
Americans having jobs is the worst thing that can happen to our nation. We need much higher rates of unemployment if we are to be able to survive.
Get rid of US jobs. Ship them overseas.
We must shed US jobs, quickly. We have sent away American jobs now for over an entire generation, and still there are a few jobs left.
Get rid of them. America is most productive when there are fewer jobs.
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