Wednesday, July 27, 2022

Meet the New Experts, Same as the Old Experts...

The real question should be how prices across a huge market basket of goods and a wide and diverse spectrum of services were so remarkably low before we did the unthinkable, lock down the world.

You see, there's an old saying, when America gets the sniffles, the rest of the world catches a cold.

This old saying has nothing to do with infectious diseases; it has to do with the unparalleled economic importance of America's unique role in the world.

When a certain segment of American consumers, let's say teenage girls, stops buying the last "Next thing," tens of thousands of nameless, faceless people, the poorest of the world's working poor, are out of work.

Now, not content in the knowledge that by locking down the world economy, millions of working poor in the world's poorest countries suffered, including many of the poorest people in the world dying from a poverty imposed upon them by decree, many of the same experts who stood up and said lock it all down, are now saying shut it all off, the easy money, and the easy credit.

Millions of the poorest people in the world, who literally depend on America's economy to keep them working, and literally living, they'll lose everything, and many will even die.

The experts who insist on running the world aren't right.

https://redstate.com/redstate-guest-editorial/2022/07/27/meet-the-new-experts-same-as-the-old-experts-n602267 

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