Economist Daniel Lacalle joins Ryan and Tho to talk about how central banks are engineering more zombie companies, higher inflation, and a "private sector recession," all hiding behind misleading and bullish aggregate data.
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Liberty: Stifled by the Stockholm Syndrome
2023-11-03
“Whenever and however [government] is instituted, the people must cede to it some of their natural rights in order to vest it with requisite powers.” (emphasis added)
—John Jay, “Federalist No. 2”
“Like breathing, [government] is not permitted to depend on our volition. Necessity will force it on all communities in some one form or another.”
—John C. Calhoun, A Disquisition on Government
“But whether the Constitution really be one thing, or another, this much is certain—that it has either authorized such a government as we have had, or has been powerless to prevent it. In either case, it is unfit to exist.”
—Lysander Spooner, No Treason: The Constitution of No Authority
Across the globe governments without exception are territorial rulers holding a supremacy of physical force over the
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