Fake Money, Real Poverty | The Roundtable Ep. 119
The American Mind
The Claremont Institute
4.6 • 1.2K Ratings
🗓️ 13 May 2022
⏱️ 43 minutes
🧾️ Download transcript
Summary
Inflation hovers near record highs at 8.3%, the debt skyrockets out of control, and even talking about it can feel like it’s making the problem worse. It gets harder every day even to conceptualize the extent of the economy itself, let alone make moves to counteract its myriad dysfunctions. Meanwhile, Trump is emerging as GOP kingmaker…and more? Spencer and James discuss the failures of central planning from financial markets to digital media platforms, and the hope for a new kind of federalism to set the country on a better course.
Transcript
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| 0:00.0 | coming up on this episode of The Round Table. |
| 0:03.1 | And the bigger they are, the harder they fall. |
| 0:04.8 | So it's not surprising that we have stackflation. |
| 0:08.7 | It's not surprising that we're running out of tools |
| 0:12.0 | in the toolbox. |
| 0:13.2 | It's not surprising that in spite of the fact |
| 0:15.0 | that this should probably be unconstitutional or something, |
| 0:17.2 | we're just rotating people between treasury and fed |
| 0:21.9 | as if it's a revolving door. |
| 0:23.8 | That's not what the arrangement is supposed to be |
| 0:25.6 | and the arrangement sucks all on its own |
| 0:28.0 | and is only a product of the collapse in the thirties. |
| 0:54.0 | Hello, welcome. |
| 0:55.7 | Once again, to The Round Table, |
| 0:57.9 | your weekly podcast from the editors |
| 1:00.3 | and publisher of The American Mind. |
| 1:02.6 | I'm your host, Spencer Klaven, features editor |
| 1:05.0 | of The American Mind. |
| 1:06.6 | And from a massive Avengers assemble full complement |
| 1:10.8 | last week, we are down to a more intimate setting this week. |
| 1:13.8 | It's just me and editor James Poulos. |
| 1:17.9 | James, how are you doing? |
... |
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