Loading ...Politicians Perpetuating Power Is The Path To The West’s Destruction
Milei crushed it by telling the truth.
They all know that the burden of interventionism falls entirely on small businesses and families, destroying the middle class in the process.
Big corporations and global leaders adhere to and assume the growing interventionism and the advance of socialism because, for politicians, it is an excellent way of perpetuating their power and control over citizens, while multinationals tolerate it because they have enough financial muscle and size to absorb the pernicious effects of the massive rise in public debt and monetary imbalances, public spending, taxes, barriers to trade, and progress.
https://www.zerohedge.com/political/politicians-perpetuating-power-path-wests-destruction
Statism only advances if their spending gets funded.
Either via taxes or bonds.
So they choose bonds, but that only works if someone buys them.
If the private sector doesn’t want them except at 15% rates (per DBC’s twitter poll),
THEN ITS UP TO THE FED TO BUY THEM.
Deprive the Fed of that permission, the rest collapses INSTANTLY.
ITS THE ONLY THING THAT NEEDS TO HAPPEN TO FIX IT ALL.