Justin talks about the big crisis that is coming to the car industry! Most people don’t see it coming but it’s so obvious and the number of defaulting car loans is rapidly increasing! This is yet more proof the economy is not recovering!
Justin looks at the increase in costs of admission at Disney World and shows how the admission cost is increasing at a rate more than triple the stated inflation rate in the economy! The FED is drastically understating the inflation rate in the economy! And the Government has a self interest understating the inflation rate. Justin also points out how the Big Mac index is useful comparing currencies from around the world.
Justin talks about how the government uses class warfare to favor an increase in the size of government. Also, the government is stealing the wages of the average American out there and they don’t even know it! Justin explains how this is done and much more.
Justin talks about inequality and makes the case why inequality is not bad and it is actually a good thing! Capitalism is what improves the lives of everybody, both the rich and the poor. Justin also explains the difference between high and low time preference people.