Today’s high inflation rate is poised to go higher. The latest CPI was up 7.9%.
Home prices hit an all time high of $364,000 per Redfin, up 16% annually.
Safety factors, building restrictions and the environmental movement all contribute to higher home prices and more homelessness.
Larry Reed, the longtime former President of FEE - the Foundation for Economic Education - joins us.
He believes that free market principles incentive the best of human behavior - prudent risk-taking, hard work, innovation, and ethics.
Larry is an expert on the Great Depression. He relates those lessons to today’s economy.
We discuss real estate, economics, inflation, interest rates, and taxes.
Learn about the danger of the government “giving away free stuff”.
One fault with government intervention is favorable short-term action that results in long-term destruction.
Foundation for Economic Education:
Lawrence W. Reed’s website:
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