We Can’t Live on Borrowed Time and Borrowed Money Forever

by Jeff Deist
Mises.org

The problem with presidential candidates is not so much what they say and believe, but rather what they don’t say and believe. Behind the lying and dissembling and obfuscation there is a palpable suspension of disbelief. Our would-be political rulers simply ignore — or fail to grasp — the gravity of our economic situation.

We are preoccupied with terrible shootings, bathroom wars, and the petty intrigue of political campaigns. We debate trivialities. But the bigger story, the gradual but grinding reality behind how western governments operate, doesn’t hold our attention.

This is a time of unprecedented economic hedonism, engineered and encouraged by western governments and their central banks. It is sold to us as banal public policy and technical tinkering, when in fact a radical and anti-human ideology underpins it.

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