According to Lior Gantz the US Dollar is on a path of serious decline. More countries are de-dollarizing as China becomes the pre-eminent economy. Out of control deficits are another symptom of the problem. As the appetite for US Treasuries fades, the Fed will be left with no choice but to print up new dollars to finance the deficits. They're boxed in with very limited choices, none of them attractive. 

Direct download: Lior_Gantz_19.Feb.19.mp3
Category:general -- posted at: 4:37pm EDT

What did we get from the partial governmental shutdown? David believes not very much. We'll see lower GDP growth and lower economic growth. The actual cost of the shutdown will cost more than many walls would have. It was all for naught. David believes that it would have been worth having a shutdown over the nation's burgeoning debt levels, instead of the border wall. Now it's likely there won't be another shutdown, for better or for worse. 

Direct download: David_Scranton_19.Feb.19.mp3
Category:general -- posted at: 1:29pm EDT

EJ McMahon could be the last sane person still in New York, at least after I left. As research director at the Empire Center for Public Policy and an adjunct fellow at the Manhattan Institute, EJ fights a never ending battle against the economic insanity that passes for policy in my former home state. Unfortunately, it's been a uphill battle. With people like AOC, Comrade DeBlasio and Comrade Cuomo running things, it's almost impossible to maintain optimism and hope for the future. 

We discussed the impact of the new tax law on NYS, the further drain of high income earners to lower tax states, as well as mentally ill induced homelessness and NYS/NYC's crumbling infrastructure. There's a lot here that needs to be heard. 

Direct download: EJ_McMahon_19.Feb.19.mp3
Category:general -- posted at: 11:30am EDT

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