Justin breaks down what the IMF is, what it does and why it’s so destructive! The IMF is really the world’s Central Bank! It’s looking to increase it’s power in the future so it can help “manage” the world’s currencies!
Justin talks about the disaster that is Amtrak. Amtrak is the perfect example of how government and the private sector working together is a complete disaster! Government needs to get out of the way and let the free market decide who fails or succeeds!
Justin talks about supply-side economics. He points out the good the movement has done for liberty and also shows why some supply-siders have gone off the rails! Justin also talks about the importace of gold as a measure of value and he talks about why communism/socialism can’t work!
Justin talks about the riots in Baltimore, MD. The truth is it’s about the economy and it’s not about racism like the media wants to believe. Riots like this will be happening all around the United States because of the coming economic crisis to come!
Justin tackles the issue of robots taking over jobs. Hint: It’s not a bad thing! In fact, it’s a great thing! He ties in ideas from Adam Smith and David Ricardo about the labor theory of value and how misguided it is. Value is determined by consumer demand! All this and more on this episode!