An Economics Lesson from the Pilgrims: SchiffGold Friday Gold Wrap Nov. 24, 2023
Did you know Thanksgiving almost didn’t happen thanks to the Pilgrims’ experiment with socialism? It didn’t work. Fortunately, they figured out some economic truths and the rest is history. In this episode of the Friday Gold Wrap, host Mike Maharrey tells the Thanksgiving story you almost certainly didn’t hear in school. He also explains why today is called Black Friday.
TOPICS DISCUSSED
- Why is this “Black” Friday?
- Gold takes another run at $2,000
- The shrinkflation problem
- The CPI formula is messed up
- How socialism nearly killed the Pilgrims
The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s economic precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and other podcasting platforms. The links are below.
Tune in to the Friday Gold Wrap each week for a recap of the week’s economic and political news as it relates to gold and silver, along with some insightful commentary.
LISTEN
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SHOW NOTES
Shrinkflation: Robbing Us Quietly in Back Alleys
Americans Increasingly Tapping Into Their Retirement Accounts to Make Ends Meet
The CPI Scam — Health Insurance Version
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