Jeff Deist: Immeasurable, Self Inflicted Economic Damage Done By Politicians Shutting Down Economy

from WallStForMainSt

Jason Burack of Wall St for Main St welcomed back returning guest, President of the Mises Institute https://mises.org/ @misesmedia Jeff Deist, for an interview.

Jeff’s bio is here: https://mises.org/profile/jeff-deist

The Mises Institute just released a free, 164 page eBook called, “The Anatomy of The 2020 Crash” about what has lead up to the US stock market crash in February and how governments and central banks, specifically the Fed has been hurting the US economy for many years.

Download the free eBook here: https://mises.org/library/anatomy-crash

During this 30+ minute interview, Jason asks Jeff if it is even possible to measure the amount of economic damage done by governments deciding to shut down the economy?

Jeff says that the true number is immeasurable and that all of the economic damage is self inflicted.

Jason and Jeff discuss how capitalism will still be blamed for the coronavirus outbreak hurting the economy and how the US economy never really recovered from the 2008 financial crisis.

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