As heard in Pensacola on Talk 103.7 FM / Talk 790 AM (WPNN) weeknights from 5-7 p.m. CST.
The Federal Reserve is set to print half-a-trillion dollars in response to the economic impact caused by the CoronaVirus Scare.
They call it “Quantitative Easing” but it’s counterfeiting by another name.
Tho Bishop joins me to discuss why inflating the money supply and dropping the federal interest rate to nearly zero is like taking Aspirin for Gangrene to stop the throbbing.
Ayn Rand said, “You can ignore reality. But you can’t ignore the consequences of ignoring reality.”
Boy, was she ever right.