Pop Goes the Auto Bubble: It’s Your Dime Special
In this special episode of It’s Your Dime, Mike Maharrey switches roles and becomes the interviewee.
Mike recently appeared on Inside the News with Paul Jensen and Suzanne Sherman on K-TALK AM1640 in Utah to talk about the popping of the auto bubble and more generally how the Federal Reserve has set us up for the next big crash.
Mike, Paul and Suzanne talk about the recent layoffs announced by GM. Mike explains how this is yet another sign that the Fed-induced bubbles are starting to pop, and how Federal Reserve monetary policy pumped up the bubbles in the first place. He also discusses President Trump’s strategic error in taking credit for the “booming economy.”
Mike, Paul and Suzanne also touch on the issue of rights. Mike emphasizes that despite the name, the Bill of Rights does not actually give anybody any rights. It restricts government from infringing on rights we already have.
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