For the 2022 president ial elections and get under weight and friends, some are raising concerns that politicians are going to far in demonizing their opponent that does it for me today. I wish you all the best. Were glad to have you with us here on our international mornings in about an hour. The hi, im asked either and this is the Kaiser Report. Im here at Stacey Herbert and this is summer solutions. Every year. We try to dig into the solutions and weve got a special guest today. Jim counsellor of counsellor Dot Com, stacy. Right . Remember james was a guess on our series front running. So at that time we were looking at all the radical platforms of the various candidates for the democratic president ial nomination. And they were radical things like u. B, i m, m t and all sorts of other ideas. Well, theyve all become basically law. Now we all have them implemented, so were going to talk to him about a few of these. But jim, welcome to summer solutions. Pleasure to be with you both. W
Not expecting anything in return. And were getting a lot of inflation. But were not getting anything done. Jim, lets remember that even back during the 1900 thirtys, in the great depression, that notwithstanding the high rates of unemployment, we still had a great deal of productive infrastructure. And we were still in fact, producing a great deal of value and goods and things of, of worth. And you know, what we, what we had could still be classified as something like real industrial growth. The problem that we have now, especially with the shenanigans of the central banks, is that we are entering a period of history of, of non growth and the reversal of growth. And if you dont have that thing called growth, you dont, you dont produce enough Surplus Wealth to service the debts that youre piling up. And now there were piling up to debts at a kind of astronomical hockey stick. A path. Were, were guaranteeing that were going to have a Debt System in which theres no expectation that debt e
I am kaiser and this is the Kaiser Report. Im here with Stacy Herbert and this is summer solutions. Every year. We try to dig into the solutions and weve got a special guest at a Gym Console of consular Dot Com, stacy. Right . Remember james was a guess on our series front running. So at that time we were looking at all the radical platforms of the various candidates for the democratic president ial nomination. And they were radical things like u. B, i m, m t and all sorts of other ideas. Well, theyve all become basically law. Now we all have them implemented, so were going to talk to him about a few of these. But jim, welcome to summer solutions. Pleasure to be with you about. Well, the Money Printing continue until morale improves and just how much more can morale improve anyway . Like Stock Market at all time highs, housing prices storing wages or at all time highs. So like how much more Money Printing are we going to endure a happy, happy, happy is american. Now, it kinda depends o
Welcome to summer solutions. Pleasure to be with you both. Well, the Money Printing continue until morale improves and just how much more can morale improve anyway, like Stock Market or at all time highs. Housing prices storing wages or at all time highs. So like, how much more Money Printing are we going to endure a happy, happy, happy is american. Now, it kinda depends on how worthless the money becomes as the punishments of Money Printing continue. And i think we can probably all agree that there is a great hazard in printing, no end of money with quotation marks around it, because its becoming increasingly detached from any real productive activity in the on and on the Ground Economy. I remember back during the time of f d r. There was a lot of money for in thing going on, but there was also a big works program. So people were out there working and building and infrastructure and bright bridges and roads. But this time theyre just printing and money and giving it to works and theyr
And now that were piling up the debts at a kind of astronomical hockey stick path. Were, were guaranteeing that were going to have a Debt System in which theres no expectation that debt ever gets paid back, which is not a credible Debt System. And thats kind of the hinge of the problem. So were kind of going through a period as well, of the globalization are certainly tensions between the rising power and the declining power and the declining power of the United States and everybody else, essentially including europe. So it will that be a solution in a, in a way to the problem with it, especially the Rust Belt and all of the, the people who hillary declared were deplorable people who used to have jobs and manufactured wealth and had great jobs and stuff like that like will that be a solution for them . Solution is a bit of a tricky word because we must remember that reality has mandates of its own reality compels us to have to endure certain conditions. And one of the conditions that w