Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Jared Howe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jared Howe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

S o T o S p e a k | Ep. 945 | Keynesian Collapse

49:15
 
Share
 

Manage episode 350928203 series 2508339
Content provided by Jared Howe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jared Howe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Keynesian experiment and socialism may differ somewhat in form, but they have the same end result:

Societal collapse.

Rational resource allocation eventually breaks down in both cases because monetary systems can't survive being decoupled from the scarcity of physical reality or the preferences of the people who exist within it. Human preferences are infinite; goods and services are not. Money only works as the middle ground between infinite wants and finite resources so long as it has a tangible connection to both.

When a Keynesian or socialist central bank inflates the supply of currency relative to the supply of goods and services, the first effect is higher prices. The second is material shortages.

The disarray and turbulence in global markets (and geopolitics) is a function of the distortions caused by government central banks. Some countries are already feeling it worse than others, and "anti-fascist proxy wars against the Anglo-Saxons" in Eastern European countries aren't doing them any favors.

This is EPISODE 945 of So to Speak w/ Jared Howe!

  continue reading

259 episodes

Artwork
iconShare
 
Manage episode 350928203 series 2508339
Content provided by Jared Howe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jared Howe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The Keynesian experiment and socialism may differ somewhat in form, but they have the same end result:

Societal collapse.

Rational resource allocation eventually breaks down in both cases because monetary systems can't survive being decoupled from the scarcity of physical reality or the preferences of the people who exist within it. Human preferences are infinite; goods and services are not. Money only works as the middle ground between infinite wants and finite resources so long as it has a tangible connection to both.

When a Keynesian or socialist central bank inflates the supply of currency relative to the supply of goods and services, the first effect is higher prices. The second is material shortages.

The disarray and turbulence in global markets (and geopolitics) is a function of the distortions caused by government central banks. Some countries are already feeling it worse than others, and "anti-fascist proxy wars against the Anglo-Saxons" in Eastern European countries aren't doing them any favors.

This is EPISODE 945 of So to Speak w/ Jared Howe!

  continue reading

259 episodes

Todos os episódios

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play