The Fed: All Dollars and No Sense

Globalism, meet socialism! Treasury Secretary Janet Yellen recently called for a mandatory minimum global tax for every corporation, intending to raise rates from 21% to 28% for “a more level playing field.” The Fed and D.C. are playing a dangerous game with our financial lives right now. We need competition for capitalism to thrive here and abroad and trying to legislate it out smacks of socialist re-engineering. Neil Grossman, a former senior executive at the Central Bank of Norway, returns to elaborate on the Fed’s malignant, negligent policies — and how to remedy them. The two also discuss hyperinflation, the market asset bubble we’re in, and how much the American taxpayer owes the rest of the world.