Scott talks with Mike Swanson about the economic mess we find ourselves in. Swanson helps us understand how we got here and why all the traditional “experts” have been so confused. Swanson argues that what happened in the UK with Liz Truss may indicate that governments are no longer able to rely on stimulus to delay economic pain. Scott and Swanson also look to history to help predict what the American economy will look like in the near future.
Discussed on the show:
- “Fed Seen Aggressively Hiking to 5%, Triggering Global Recession” (Bloomberg)
- Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider
Mike Swanson provides investment advice at wallstreetwindow.com and is the author of The War State: The Cold War Origins Of The Military-Industrial Complex And The Power Elite. He also works with the Neopolis Media Group, a group of historians, educators, authors, researchers, and free speech advocates who endeavor to provide original and engaging content, including The Ochelli Effect, and The Lone Gunman Podcast.
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