Jason HartmanCEO of Empowered Investor and Real Estate Tools

The Shocking Decline Of The United States!

Name: The Shocking Decline Of The United States!
Uploaded: 2024-07-05T19:11:30+00:00
Duration: 57 s
Channel: Jason Hartman
Description: In this monologue, the speaker argues that the United States’ greatness once stemmed from a robust system of checks and balances among the three branches…

5 Jul 2024 · 1 min

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In this monologue, the speaker argues that the United States’ greatness once stemmed from a robust system of checks and balances among the three branches of government and a strong middle class rooted in rugged individualism. He contends that since the 1960s these safeguards have been eroded, leading to a decline in societal balance. The speaker then critiques modern "fiat" constructs—fiat money and even fiat food—describing them as authority‑decreed, artificial values that temporarily sustain the system but ultimately inflate away wealth. He links this inflation to the Cantillon effect, asserting that it concentrates wealth into a small elite, destroying the middle class and signaling a frightening societal decay.

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One of the things that made the US so great is the checks and balances of the three branches of government. And before those were all co opted like they are now. Largely, you really could run a pretty balanced society as long as you had a large middle class and this whole idea of, you know, rugged individualism and all the things that made the US the sort of beacon of freedom for the world. But you know, sadly it's been turning the other way for quite a while, Certainly since the 60s, I would say that was a big part of it. And you've got all of these sort of fiat things. And that word fiat just means by authority, by decree. It's valuable because we said it's going to be. And these are all fake, they're not real. And they can con all of us for a while, as long as people will play the game. But at some point the jig is up and it's up on everything. You know, we're being poisoned with the fiat food. The fiat money is inflating away everybody's wealth. It's destroying the middle class, it's concentrating wealth because of the Cantillon effect into the, you know, into the small elite class. It's really scary stuff.