Capital controls are coming, America's political circus, and the proper role of government
Description
In this episode, Doug and I discuss coming exchange controls, the proper role of government, the historical annexation of Hawaii, and the effectiveness of political parties in the U.S. We take a look at Kamala Harris' economic plans, the implications of Trump's immigration policies, and the burdens of modern governmental regulations on the economy.
As usual, we emphasize the importance of individual action in a failing political system and caution against unrealistic reliance on political leaders.
00:00 Introduction: Government and Coercion
00:57 Political Circus and Economic Facts
01:07 Hawaii's Statehood: A Historical Mistake
05:48 Government Overreach and Economic Control
06:52 Revised Job Numbers and Economic Policies
08:15 Kamala Harris's Economic Plan
09:48 Critique of Government Policies
20:00 Trump's Immigration Stance
27:15 Future Concerns and Final Thoughts