No Result
View All Result
Freedom First Network
  • Home
  • About
  • Shows
  • Latest
  • Contact
  • Home
  • About
  • Shows
  • Latest
  • Contact
No Result
View All Result
Freedom First Network
Nightmare on Wall Street

Nightmare on Wall Street

by Two Mikes
January 18, 2023
in Conservatism, Economy, Everything, Interview, Two Mikes
0 0
Share on FacebookShare on Twitter

“The current ‘Money Bubble’ has been brewing for more than thirty years and is ready to pop.” So said David Stockman, today’s guest on The Two Mikes.

Mr. Stockman was President Reagan’s Budget Director and is a renowned financial and monetary expert. Since the end of Mr. Reagan’s presidency the increase in America’s total national debt — which includes public and private debt — has risen from nine trillion dollars to today’s total of 91 trillion dollars. The fault for this disaster lays squarely at the door of the Federal Reserve and its leaders, men and women who have monetized the debt since the Reagan era, thereby changing from its fairly constricted duties stated in its original charter to a “rogue government” that sees itself as a “monetary central planning authority”.

Mr. Stockman said that among politicians and the Federal Reserves’ leaders and staff there is an “enormous stupidity” that has abandoned tried-and-true free-market economics, they become raging advocates of never-has-worked Keynesianism, as shown by the FED’s recent statement that it does not know what to do about inflation save to keep raising interest rates.

Mr. Stockman also said that the federal government’s eager infusion of six trillion dollars into the economy — along with $880 billion in so-called “loans” in the PPP program, of which 750 billion was forgiven — only helped to further distort the economy, and, in reality, was really “hush money” paid because the government and the Federal Reserve quickly recognized that their ludicrous lockdown of the economy, businesses large and small, and schools was quickly creating a monetary, social, and societal collapse, one that continues expanding.

Mr. Stockman’s most recent book is The Great Money Bubble: Protect Yourself from the Coming Inflation Storm. It is published by Humanix Books and is available at Amazon and many other outlets. 

Z-Flu
OurGoldGuy 4
Tags: col mikeDavid Stockmandr michael scheuerPodcastTop StoryTwo MikesUS EconomyWall Street
Next Post
Starting Your New Years Resolution Early

Starting Your New Years Resolution Early

Freedom First Coffee Freedom First Coffee Freedom First Coffee

Recommended Posts

Molnupiravir

In Case You Needed More Evidence of the PLANdemic, Merck’s Covid-19 Pill Molnupiravir Is Causing New Mutations

February 5, 2023
EcoHealth Alliance

EcoHealth Alliance Whistleblower Dr. Andrew Huff Spills the Beans About DARPA, Bioweapons and Their Ties to Wuhan

February 5, 2023
We are Victims of Medical and Environmental Terrorism

We are Victims of Medical and Environmental Terrorism

February 4, 2023
Vaccine Propaganda

Ludicrous: Corporate Media Outlet Reports on Increase in Fatal Heart Disease in Young People, Then Recommends GETTING VAXXED

February 4, 2023
Show More
No Result
View All Result
  • About Freedom First Network
  • Activity
  • Contact
  • Freedom First Network
  • HCQ
  • Home 2
  • Home 3
  • Latest
  • Members
  • Podcast Advertising… Plus
  • Sample Page
  • Shows
  • Trending

© 2021 Freedom First Network

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

>