We don’t quite know how we got into $30 trillion of debt, normative $2-trillion deficits, growing stagflation, and adherence to an unhinged modern monetary theory that assures us printing money ensures prosperity. We only know that the 7-Eleven manager, the owner-operator truck driver, and the electrician grasp a lot more about economics than do the Ph.D.s who wrote, argued, and led us into this mess.
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