Charles Goyette, author of The Dollar Meltdown and Red and Blue and Broke All Over, discusses the government’s fiscal cliff; why the proposed “austerity” budget cuts are ludicrously small; how Republicans conveniently forget their own history of profligate spending; the Freedom & Prosperity newsletter; the synchronous decline of all the world’s fiat currencies; why a US economic recovery (if it ever happens) will be accompanied by serious price inflation; and the remarkable resilience of free markets in the absence of government meddling.
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