In this conversation, Chris and Jeffrey Tucker discuss the far-reaching consequences of U.S. monetary policy, particularly following the 2008 financial crisis. Chris begins by highlighting how policies of inflation, taxation, and deflation have been used, citing Lenin’s strategy to undermine a capitalist economy. He expresses concern about the state of the country, including the handling of borders, elections, and the younger generations’ ability to build wealth. He criticizes the U.S. Federal Reserve’s decisions, particularly under Ben Bernanke, for artificially inflating housing prices and thereby making homeownership increasingly inaccessible for younger people.
Jeffrey Tucker builds on Chris’s argument by delving into how the 2008 financial crisis and subsequent policies led to a culture of economic distortion. He discusses the negative impact of low-interest rates on long-term investments and how big corporations, particularly in the tech and media industries, capitalized on this period of monetary expansion. Tucker points to the cultural and economic distortions, such as the rise of idle white-collar jobs with little productivity, that emerged from these policies. He underscores the fact that while large corporations thrived, ordinary people, especially young workers and homeowners, suffered.
The conversation ends with an exploration of how inflation, taxation, and deflation are playing out today. Chris and Jeffrey discuss the skyrocketing cost of living, housing, and insurance, driven by corporate control and government policies. They argue that the current system is benefiting the wealthy and well-connected, leaving the middle class and younger generations behind. They also touch on how corporations are accumulating real estate through shell companies, outbidding regular homebuyers, and exacerbating inequality in the housing market. The podcast paints a stark picture of a system that, according to them, is increasingly exploitative and unsustainable.
Fiat money is a social construct, nothing more. People understood intrinsic value money but that value/capital has been removed in fiat currency. However, the people still believe that without intrinsic anything, it somehow still has value. Yes, fiat currency is far superior utility to intrinsic value. But this discussion about the downfall of fiat would not be even considered if the money was not susceptible to dilution. As a social construct the currency is therefore also socialized. It’s utility and value become something that can be politically toyed with.
The overarching purpose of the mRNA push seems to be to gain the ability to express exogenous functional proteins in the population. It’s a whole new dimension of warfare.
I think that one of their social engineering strategies has always been to cultivate a belief that their goals are inevitable. Hopefully, we’ll eventually come to a point where that illusion that collapses back to reality for everyone and much of their power just evaporates as their grotesque absurdities become self-evident.
I mean, is there actually a single human being on this planet that actually WANTS to live in a 15 minute smart city where they own nothing, have no agency, are surveilled totally and take government mandated gene therapy injections?
it is still above 2019 line. as economy is going down and stagnating, that is still “positive”. whole 2020-2022 was artificial pumping of money to stock markets. every single stock came down. MRNA were along biggest benefactors of 2021. Restaurants, commercial real estate were among suffering class. Drug business is normal times tough but MRNA is one select ones with lobby in FDA, thus they will survive any crash. (saw comment in podcast that they studied banks post 2008 and those closest to government have faired better than those without ties)… by this logic same applies to pharma companies heavily behind democrats but likely all sides. Also Pfizer along Moderna were duopoly in 2021. Not by their own merit.
What is lesson here? Lobby hard white house and any other public side to survive and prosper as company in crisis, no consequences can happen(eg Boeing didnt suffer doing shady things, just their incompetence ).
We can already see that is facade. Sure, 15min cities are turning closer and closer to Judge Dredd dystopia but not for everyone… some classes, groups in society prosper or are “free-er than others”. In 2021 jargon, “essential workers”. Essential is someone who wont be fired at whim. Non essential can do essential work but be quickly replaced if opinions are wrong(eg nurses , doctors too).
