December saw a resurgence of “degrowth” advocates in the media, with two articles published by Nature garnering special attention on X (formerly Twitter).
The fallacies underlying the degrowth movement are not new in economics, but it’s worth revisiting them and their important connections to monetary policy in the age of central banking.
The Democrats led by Alexandria Ocasio-Cortez released their “Green New Deal” last week. As Peter Schiff put it in his latest podcast, the Green New Deal is really red – as in socialist red.
The whole thing is an economic train wreck.
It’s masterful politics though.