The Interest Rate Shock Will Blow Up the Government’s Ponzi Game
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December 16, 2023
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The Interest Rate Shock Will Blow Up the Government’s Ponzi Game ([link removed])
By Thorsten Polleit
As the federal government continues its Ponzi scheme of issuing debt to pay for past debts, interest rates will increase to the point where this no longer is a tenable strategy—if it ever was.
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There has been a radical change in the social and political landscape in this country, and any person who desires the victory of liberty and the defeat of Leviathan must adjust his strategy accordingly.
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The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction ([link removed])
By Michael Matulef
While the Fed tries to engineer the mythical “soft landing” for the economy, Austrian economists know that this is an exercise in futility. Once the credit-fueled boom occurs, the bust logically follows.
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